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 Cotati, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cotati, CA provides a financial boost to eligible homebuyers in Cotati, 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 Cotati, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cotati, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cotati, 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 Cotati, 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 Cotati, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cotati, 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 Cotati, 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 Cotati, 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 programs offer benefits such as lower down payment requirements, more flexible qualification criteria, and competitive interest rates. These loans are ideal for first-time homebuyers and individuals with limited savings for a down payment. Demographics: Cotati, California, is a diverse community with a mix of young professionals, families, and retirees. The town has a population of approximately 7,500 residents and is known for its vibrant arts scene and strong sense of community. Housing Market: The housing market in Cotati is competitive, with a mix of single-family homes, townhouses, and apartments. The median home price in Cotati is around $600,000, making it an attractive option for buyers looking for a more affordable alternative to neighboring cities. Main Attractions: Cotati offers a range of attractions, including the Cotati Farmers Market, La Plaza Park, and the Redwood Cafe. The town is also known for its annual Cotati Accordion Festival, which draws visitors from across the region.
The Benefits of FHA Down Payment Assistance Home Loan in Cotati, California
