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 Capitola, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Capitola, CA provides a financial boost to eligible homebuyers in Capitola, 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 Capitola, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Capitola, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Capitola, 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 Capitola, 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 Capitola, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Capitola, 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 Capitola, 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 Capitola, 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.
FHA Down Payment Assistance Home Loans offer various benefits for homebuyers in Capitola, California. These loans allow for a lower down payment, making homeownership more accessible for individuals who may not have a large sum of money saved up for a down payment. Furthermore, FHA loans typically have lower credit score requirements compared to conventional loans, making it easier for individuals with less-than-perfect credit to qualify for financing. Additionally, FHA loans often have competitive interest rates, helping homebuyers save money over the life of the loan. Another advantage of FHA loans is that they are insured by the Federal Housing Administration, providing lenders with added security, which can result in more favorable loan terms for borrowers. Demographics Capitola is a charming coastal city in Santa Cruz County, California, known for its picturesque beaches, vibrant community, and diverse population. The city has a mix of residents, including families, young professionals, and retirees, creating a dynamic and welcoming atmosphere. Housing Market The housing market in Capitola offers a range of options, from quaint beachfront cottages to modern condominiums. While the market can be competitive, FHA loans can provide an advantage for buyers looking to purchase a home in this desirable area. Main Attractions Capitola is home to the iconic Capitola Beach, a popular destination for surfing, sunbathing, and beachcombing. The city also boasts a bustling shopping and dining scene, with Capitola Village offering a variety of shops, restaurants, and galleries for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Capitola, California
