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 Cobb, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cobb, CA provides a financial boost to eligible homebuyers in Cobb, 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 Cobb, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cobb, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cobb, 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 Cobb, 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 Cobb, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cobb, 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 Cobb, 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 Cobb, 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 lower down payment requirements, making homeownership more accessible to first-time buyers. It also allows for lower credit scores compared to conventional loans, making it easier for individuals with less-than-perfect credit to qualify for a mortgage. Demographics: Cobb, California, has a population that is predominantly middle-class, with a mix of families and retirees. The community is known for its tight-knit feel and friendly residents. The area is popular among nature lovers and those seeking a quieter pace of life. Housing Market: The housing market in Cobb offers a variety of options, from cozy cabins to spacious family homes. The FHA Down Payment Assistance program can help make these homes more affordable for buyers, stimulating the local real estate market. Home values in Cobb have shown a steady increase over the past few years, making it a desirable location for both investors and residents.
FHA Down Payment Assistance Home Loan Benefits in Cobb, California
