Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Cabazon, CA

Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Cabazon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Cabazon, CA?

Our Down Payment Assistance program in Cabazon, CA provides a financial boost to eligible homebuyers in Cabazon, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.

Forgivable grant for FHA loans in Cabazon, CA

Key Features of Our FHA Down Payment Assistance in Cabazon, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Cabazon, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Cabazon, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Cabazon, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Cabazon, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Cabazon, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Cabazon, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Cabazon, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.

First-time homebuyer FHA assistance in Cabazon, CA
Start Your Journey Today

Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Cabazon, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan Benefits in Cabazon, California

If you are considering buying a home in Cabazon, California, utilizing the FHA Down Payment Assistance program can provide significant benefits. This program allows for a lower down payment requirement, making home ownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower interest rates, helping homeowners save money over the life of the loan.

Cabazon, California, is a diverse community with a population that includes a mix of families, young professionals, and retirees. The median household income is around the national average, offering a comfortable standard of living. The area is known for its stunning natural beauty, with scenic views of the San Bernardino National Forest attracting outdoor enthusiasts.

In Cabazon, the housing market is stable, offering a variety of housing options to suit different needs and budgets. The median home value is moderate compared to nearby cities, making it an attractive destination for first-time homebuyers. With the FHA Down Payment Assistance program, prospective buyers can take advantage of affordable housing opportunities in this charming California town.

While in Cabazon, residents and visitors can enjoy a range of attractions, including the popular Desert Hills Premium Outlets for shopping enthusiasts. Outdoor activities such as hiking in nearby San Bernardino National Forest and exploring the scenic Cabazon Dinosaurs add to the charm of this unique town. With its convenient location and variety of attractions, Cabazon offers a great place to call home.

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