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 Concord, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Concord, CA provides a financial boost to eligible homebuyers in Concord, 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 Concord, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Concord, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Concord, 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 Concord, 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 Concord, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Concord, 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 Concord, 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 Concord, 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 in Concord, California offers various benefits to potential homebuyers. It allows for a lower down payment, typically as low as 3.5%, making homeownership more achievable for those with limited funds. Additionally, these loans often have lower credit score requirements, providing opportunities for individuals with less-than-perfect credit to qualify for a mortgage. Concord, California, is a diverse city located in the San Francisco Bay Area with a population of over 130,000 residents. The city's demographics encompass a mix of cultures, ages, and income levels, creating a vibrant community that welcomes individuals from all walks of life. The housing market in Concord is dynamic, offering a variety of options for homebuyers. From cozy single-family homes to modern condominiums, the city provides a range of choices to suit different preferences and budgets. The market has seen steady growth in recent years, making it an attractive location for both first-time buyers and seasoned investors. Among the main attractions in Concord is the iconic Sunvalley Shopping Center, a popular destination for shopping, dining, and entertainment. The city also boasts beautiful parks and outdoor spaces, such as the Mount Diablo State Park, providing ample opportunities for outdoor activities and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Concord, California
