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 Coronado, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Coronado, CA provides a financial boost to eligible homebuyers in Coronado, 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 Coronado, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Coronado, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Coronado, 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 Coronado, 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 Coronado, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Coronado, 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 Coronado, 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 Coronado, 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 in Coronado, California offer several benefits to prospective homebuyers. These loans provide a lower down payment requirement, making homeownership more accessible. They also have more flexible credit requirements, making them suitable for a broader range of buyers. Additionally, FHA loans offer competitive interest rates, helping buyers save on overall costs. Coronado, California, is known for its affluent community with a mix of residents from different backgrounds. The city has a population that enjoys a high standard of living, with excellent schools and amenities. The median household income is above the national average, making it an attractive area for homebuyers. Coronado's housing market is robust, with a mix of historical homes and modern developments. The median home value is higher than the national average, reflecting the desirability of the area. The market is competitive, with homes selling quickly, making it essential for buyers to act fast to secure their dream home. Some main attractions in Coronado include the iconic Hotel del Coronado, a historic beachfront hotel, and the beautiful Coronado Beach, known for its pristine sands and stunning views. The city also offers a range of dining, shopping, and recreational options, making it a sought-after destination for residents and visitors alike.
FHA Down Payment Assistance Home Loan in Coronado, California
