Get Approved at The Lowest Rate
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 Canyon Dam, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Canyon Dam, CA provides a financial boost to eligible homebuyers in Canyon Dam, 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.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Canyon Dam, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Canyon Dam, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Canyon Dam, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Canyon Dam, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Canyon Dam, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Canyon Dam, CA.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Canyon Dam, 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.
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 Canyon Dam, 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.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
Benefits: FHA down payment assistance loans offer lower down payment requirements, making homeownership more accessible. This program helps buyers with limited savings by providing financial assistance and flexible eligibility criteria. Demographics: Canyon Dam, California, has a population of around 1000 residents. The area is known for its diverse community, with a mix of families, retirees, and young professionals enjoying the tranquil setting near Lake Almanor. Housing Market: The housing market in Canyon Dam is competitive but offers a variety of options, from cozy cabins to spacious family homes. The average home price is around $300,000, with a stable market trend and increasing property values. Main Attractions: Canyon Dam is surrounded by natural beauty, with outdoor activities like fishing, hiking, and camping being popular among residents and visitors. The nearby Lassen Volcanic National Park is a major attraction, offering stunning landscapes and recreational opportunities.
FHA Down Payment Assistance Home Loan Benefits in Canyon Dam, California
