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 Coalinga, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Coalinga, CA provides a financial boost to eligible homebuyers in Coalinga, 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 Coalinga, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Coalinga, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Coalinga, 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 Coalinga, 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 Coalinga, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Coalinga, 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 Coalinga, 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 Coalinga, 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 offer numerous benefits for first-time homebuyers in Coalinga, California. These loans provide a lower down payment requirement, making homeownership more accessible to individuals who may not have a large sum of money saved for a down payment. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to qualify for a home loan. Demographically, Coalinga is a diverse community with a population that includes a mix of families, young professionals, and retirees. The town has a strong sense of community and is known for its welcoming atmosphere and friendly neighbors. The housing market in Coalinga offers a range of options, from historic single-family homes to modern condominiums, catering to a variety of preferences and budgets. When considering the housing market in Coalinga, it's worth noting that the town has experienced steady growth in recent years. The median home price is affordable compared to other areas in California, making it an attractive option for potential homebuyers. The market offers a mix of new developments and established neighborhoods, providing options for individuals seeking different types of properties. Some of the main attractions in Coalinga include the Coalinga Plaza, a popular spot for shopping and dining, and the Coalinga Museum, which offers insights into the town's history and heritage. Outdoor enthusiasts can explore the nearby Coalinga Hills and enjoy activities such as hiking, camping, and birdwatching.
FHA Down Payment Assistance Home Loan Benefits in Coalinga, California
