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

What is Down Payment Assistance in Corona Del Mar, CA?

Our Down Payment Assistance program in Corona Del Mar, CA provides a financial boost to eligible homebuyers in Corona Del Mar, 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 Corona Del Mar, CA

Key Features of Our FHA Down Payment Assistance in Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, 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.

FHA Down Payment Assistance Home Loan Benefits in Corona Del Mar, California

The FHA Down Payment Assistance program offers benefits such as lower down payment requirements, allowing more individuals to become homeowners in Corona Del Mar, California. This assists in promoting housing affordability and increasing homeownership rates in the area.

Corona Del Mar, known for its upscale lifestyle and scenic beauty, has a diverse demographic mix. The population consists of affluent individuals, young professionals, and families attracted to the area's renowned schools and picturesque beaches, creating a vibrant community.

The housing market in Corona Del Mar is competitive, with a mix of luxury homes, beachfront properties, and charming neighborhoods. The FHA Down Payment Assistance program provides an opportunity for first-time buyers to enter this market, driving demand and contributing to the area's real estate growth.

Main attractions in Corona Del Mar include the breathtaking tide pools at Little Corona Beach, the upscale shopping and dining at Corona Del Mar Plaza, and the beautiful Corona del Mar State Beach, offering recreational activities and stunning ocean views, making it a desirable place to live and visit.

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