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 Costa Mesa, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Costa Mesa, CA provides a financial boost to eligible homebuyers in Costa Mesa, 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 Costa Mesa, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Costa Mesa, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Costa Mesa, 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 Costa Mesa, 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 Costa Mesa, 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 Costa Mesa offers many benefits for homebuyers. It provides a lower down payment requirement, making homeownership more accessible for a wider range of individuals. Additionally, it allows for more flexible credit requirements, enabling people with less-than-perfect credit scores to qualify for a loan. The demographics of Costa Mesa, California, show a diverse population with a mix of residents from various ethnic backgrounds. The city has a strong sense of community and is known for its family-friendly neighborhoods and excellent schools, making it an attractive place to raise a family. In terms of the housing market, Costa Mesa is experiencing steady growth with a high demand for housing. The availability of FHA Down Payment Assistance Home Loans has further fueled this growth by helping more people purchase homes in the area, leading to a thriving real estate market. Costa Mesa boasts a range of attractions, including the popular South Coast Plaza for shopping enthusiasts, the renowned Segerstrom Center for the Arts for cultural experiences, and beautiful beaches like Newport Beach for outdoor recreation, making it a vibrant and dynamic place to live.
Benefits of FHA Down Payment Assistance Home Loan in Costa Mesa, California
