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 Coloma, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Coloma, CA provides a financial boost to eligible homebuyers in Coloma, 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 Coloma, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Coloma, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Coloma, 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 Coloma, 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 Coloma, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Coloma, 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 Coloma, 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 Coloma, 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 Loan programs offer several benefits to potential homebuyers in Coloma, California. Firstly, these programs help individuals who may not have a large down payment saved up to qualify for a mortgage, making homeownership more accessible. Secondly, FHA loans often have lower credit score requirements compared to conventional loans, allowing more people to qualify for home financing. Lastly, the down payment assistance provided by these loans can help reduce the upfront costs associated with purchasing a home, making it easier for buyers to afford their dream home. Coloma, California, is a charming town with a diverse population. The demographics include a mix of families, young professionals, and retirees. The town has a strong sense of community, with various cultural events and activities that bring residents together. Additionally, Coloma's proximity to Sacramento makes it an attractive location for those looking for a peaceful retreat while still having access to urban amenities. In terms of the housing market, Coloma offers a range of options for homebuyers. The market is competitive, with a mix of historic homes and newer developments. The demand for housing in Coloma has been increasing in recent years, leading to rising property values. The FHA Down Payment Assistance Home Loan can help buyers navigate this competitive market by providing the financial support needed to secure a home in Coloma. Main attractions in Coloma include the Marshall Gold Discovery State Historic Park, where visitors can learn about the town's history during the Gold Rush era. The town also offers outdoor activities such as hiking, river rafting, and camping, making it a popular destination for nature lovers. With its rich history and natural beauty, Coloma provides a unique living experience for residents and visitors alike.
FHA Down Payment Assistance Home Loan Benefits in Coloma, CA
