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 Castaic, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Castaic, CA provides a financial boost to eligible homebuyers in Castaic, 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 Castaic, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Castaic, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Castaic, 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 Castaic, 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 Castaic, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Castaic, 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 Castaic, 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 Castaic, 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 in Castaic, California offer several benefits to potential homebuyers. One of the key advantages is the lower down payment requirements, making homeownership more accessible for individuals with limited savings. Additionally, FHA loans often have competitive interest rates, allowing borrowers to save money over the life of the loan. Demographically, Castaic is a diverse community with a mix of residents from various backgrounds. The population consists of families, young professionals, and retirees, creating a vibrant and welcoming environment. The town is known for its strong sense of community and neighborly spirit. In terms of the housing market, Castaic offers a range of housing options, including single-family homes, townhouses, and condominiums. The market is relatively stable, with steady appreciation rates over the years. With the assistance of FHA loans, prospective buyers can take advantage of the favorable market conditions to purchase their dream home. Some main attractions in Castaic include the Castaic Lake State Recreation Area, popular for fishing, boating, and picnicking. The town also boasts several hiking trails, parks, and local eateries, providing residents with ample opportunities for outdoor recreation and leisure activities.
Benefits of FHA Down Payment Assistance Home Loan in Castaic, California
