Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Chino, CA

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 Chino, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Chino, CA?

Our Down Payment Assistance program in Chino, CA provides a financial boost to eligible homebuyers in Chino, 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.

Forgivable grant for FHA loans in Chino, CA

Key Features of Our FHA Down Payment Assistance in Chino, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Chino, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Chino, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Chino, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Chino, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Chino, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Chino, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Chino, 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.

First-time homebuyer FHA assistance in Chino, CA
Start Your Journey Today

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 Chino, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Chino, California

FHA down payment assistance home loans in Chino, California provide a valuable option for first-time homebuyers. These loans offer low down payment requirements, making homeownership more accessible. Additionally, FHA loans have competitive interest rates, helping buyers save on long-term costs.

Demographically, Chino is a diverse city with a growing population. The community thrives on a mix of cultures and backgrounds, creating a vibrant and welcoming environment for residents. The city's convenient location near major highways and amenities makes it an ideal place to call home.

In terms of the housing market, Chino offers a range of housing options to suit different needs and preferences. From single-family homes to townhouses and condos, there is something for everyone. The market is competitive but provides opportunities for buyers to find their dream home at a reasonable price.

Chino boasts a variety of main attractions, including the beautiful Prado Regional Park, perfect for outdoor enthusiasts. The city also features a vibrant downtown area with shops, restaurants, and cultural events that bring the community together. With its strong sense of community and amenities, Chino offers a high quality of life for its residents.

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