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

What is Down Payment Assistance in Corning, CA?

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

Key Features of Our FHA Down Payment Assistance in Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

The Benefits of FHA Down Payment Assistance Home Loan in Corning, California

One of the key advantages of an FHA Down Payment Assistance Home Loan in Corning, California is that it allows individuals to purchase a home with a lower down payment requirement, making homeownership more accessible and affordable. With this type of loan, qualified borrowers can benefit from competitive interest rates and reduced closing costs, helping them achieve their dream of owning a home.

Corning, California, is a diverse community with a mix of residents from different backgrounds. The city boasts a strong sense of community, excellent schools, and a range of recreational activities for residents of all ages. With a growing population and a stable economy, Corning offers a great environment for families and individuals looking to settle down.

The housing market in Corning, California, is dynamic and offers a variety of options for homebuyers. From cozy single-family homes to spacious estates, the city's real estate market caters to different preferences and budgets. Additionally, with the support of FHA Down Payment Assistance Home Loans, prospective buyers have more flexibility and opportunities to find their desired home in the area.

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