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 Chester, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chester, CA provides a financial boost to eligible homebuyers in Chester, 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 Chester, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chester, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chester, 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 Chester, 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 Chester, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chester, 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 Chester, 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 Chester, 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 offers low down payment options, making homeownership more accessible. It also provides competitive interest rates, flexible qualification criteria, and the possibility of including renovation costs in the loan. Demographics: Chester, California, has a population of around 2,000 residents. The community is diverse, with a mix of families, retirees, and young professionals. The median household income is approximately $45,000, and the cost of living is lower compared to nearby urban areas. Housing Market: Chester's housing market offers affordable options for first-time homebuyers. The median home value is around $250,000, with a variety of housing types available, from single-family homes to condos. The market is stable, and property values have been increasing steadily in recent years. Main Attractions: Chester is known for its picturesque surroundings, including Lake Almanor, a popular spot for fishing, boating, and outdoor recreation. Lassen Volcanic National Park is also nearby, offering hiking trails and scenic views of volcanic landscapes.
FHA Down Payment Assistance Home Loan in Chester, California
