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 Corona, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Corona, CA provides a financial boost to eligible homebuyers in Corona, 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 Corona, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Corona, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Corona, 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 Corona, 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 Corona, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Corona, 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 Corona, 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 Corona, 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 various benefits to homebuyers in Corona, California. These loans provide a lower down payment requirement, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to qualify for a mortgage. Demographically, Corona, California is a diverse city with a growing population. The city has a mix of young professionals, families, and retirees, creating a vibrant and dynamic community. With a median household income above the national average, Corona offers a comfortable living environment for its residents. The housing market in Corona is competitive, with a combination of new developments and established neighborhoods. The median home price is higher than the national average, reflecting the city's desirability and strong real estate market. FHA Down Payment Assistance Home Loans can help prospective buyers navigate this market and fulfill their homeownership dreams. Corona, California boasts a range of attractions, including scenic parks, shopping centers, and cultural venues. The city's proximity to major urban centers like Los Angeles and Orange County makes it an ideal location for those seeking a suburban lifestyle with easy access to big-city amenities.
Benefits of FHA Down Payment Assistance Home Loans in Corona, California
