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 Cottonwood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cottonwood, CA provides a financial boost to eligible homebuyers in Cottonwood, 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 Cottonwood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cottonwood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cottonwood, 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 Cottonwood, 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 Cottonwood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cottonwood, 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 Cottonwood, 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 Cottonwood, 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 Cottonwood, California offer eligible buyers the opportunity to become homeowners with a lower down payment requirement, making homeownership more accessible. Cottonwood, California, located in Shasta County, has a diverse population with a mix of families, young professionals, and retirees. The town offers a rural and tight-knit community feel, making it an ideal place to raise a family or settle down. The housing market in Cottonwood, California, has been experiencing growth in recent years, with a variety of housing options available, from single-family homes to apartments. The FHA Down Payment Assistance program can help buyers navigate the market and find their dream home. Some main attractions in Cottonwood include the beautiful Lema Ranch, known for its hiking trails and scenic views, and the nearby Sacramento River, where residents can enjoy fishing and water activities. Additionally, the town boasts local shops, restaurants, and parks for all to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Cottonwood, California
