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 Cayucos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cayucos, CA provides a financial boost to eligible homebuyers in Cayucos, 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 Cayucos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cayucos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cayucos, 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 Cayucos, 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 Cayucos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cayucos, 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 Cayucos, 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 Cayucos, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program allows for a low down payment, typically as low as 3.5%, making homeownership more accessible to a wider range of individuals. Additionally, the program offers competitive interest rates and flexible qualification requirements, making it an attractive option for first-time homebuyers. Demographics: Cayucos, located on California's central coast, has a population of approximately 2,600 residents. The community is known for its small-town charm and tight-knit community feel, making it an ideal place for families and retirees alike. Housing Market: The housing market in Cayucos is characterized by a mix of single-family homes, beachfront properties, and vacation rentals. With the assistance of FHA loans, potential homebuyers can find affordable options in this desirable coastal town. Main Attractions: Cayucos boasts stunning beaches, a historic pier, and a laid-back atmosphere that appeals to visitors and residents alike. Outdoor enthusiasts can enjoy surfing, kayaking, and hiking, while foodies can explore local restaurants and seafood markets.
FHA Down Payment Assistance Home Loan in Cayucos, California
