Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Claremont, 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 Claremont, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Claremont, CA?

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

Key Features of Our FHA Down Payment Assistance in Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, California

An FHA Down Payment Assistance Home Loan in Claremont, California offers low down payment requirements, making homeownership more accessible to first-time buyers. This program provides financial help to cover the upfront costs, reducing the financial burden on buyers.

Demographics in Claremont, California show a diverse community with a mix of young professionals, families, and retirees. The city has a strong emphasis on education, with renowned colleges and universities attracting students from across the country.

The housing market in Claremont is competitive but offers a variety of options, from historic homes to modern developments. With the assistance of FHA loans, buyers have the opportunity to purchase their dream home in this desirable location with favorable interest rates and terms.

Claremont, California, boasts a range of attractions, including the beautiful Rancho Santa Ana Botanic Garden, the Claremont Village for shopping and dining, and the lively local art scene. Residents enjoy a high quality of life with access to outdoor recreational activities and cultural events.

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