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 Cardiff By The Sea, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cardiff By The Sea, CA provides a financial boost to eligible homebuyers in Cardiff By The Sea, 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 Cardiff By The Sea, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cardiff By The Sea, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cardiff By The Sea, 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 Cardiff By The Sea, 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 Cardiff By The Sea, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cardiff By The Sea, 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 Cardiff By The Sea, 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 Cardiff By The Sea, 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.
One of the primary benefits of an FHA down payment assistance home loan in Cardiff By The Sea, California, is the lower down payment requirement. This allows homebuyers to purchase a home with as little as 3.5% down, making homeownership more accessible. Additionally, FHA loans typically have lower credit score requirements, making it easier for individuals with less than perfect credit to qualify. This can be particularly helpful for first-time homebuyers or those who may have experienced financial setbacks in the past. Another advantage of FHA loans is that they often have lower interest rates compared to conventional loans, resulting in lower monthly mortgage payments and overall savings over the life of the loan. Demographics: Cardiff By The Sea is a coastal town in California with a population of approximately [population number]. The town has a diverse community, with a mix of families, young professionals, and retirees. Housing Market: The housing market in Cardiff By The Sea is competitive, with a median home price of $1,200,000. The market is experiencing steady growth, making it an attractive location for both homebuyers and investors. Main Attractions: Cardiff By The Sea is known for its stunning beaches, including Swami's Beach and Cardiff State Beach. The town also has a vibrant dining scene, with many restaurants offering fresh seafood and local cuisine. Additionally, the San Elijo Lagoon Ecological Reserve provides opportunities for outdoor activities such as hiking and birdwatching.
The Benefits of FHA Down Payment Assistance Home Loan in Cardiff By The Sea, California
