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 Covelo, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Covelo, CA provides a financial boost to eligible homebuyers in Covelo, 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 Covelo, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Covelo, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Covelo, 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 Covelo, 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 Covelo, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Covelo, 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 Covelo, 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 Covelo, 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 offer first-time homebuyers in Covelo, California, the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics in Covelo, California, show a diverse community with a mix of age groups. The town is known for its close-knit community feel, making it an excellent place for families and individuals looking for a peaceful environment. The housing market in Covelo, California, is stable with a range of affordable housing options available. The FHA Down Payment Assistance Home Loan can help buyers navigate the market, providing financial support to secure their dream home. Main attractions in Covelo, California, include the beautiful Mendocino National Forest, offering outdoor activities such as hiking and camping. Additionally, the vibrant local culture and farmer's markets are key attractions for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Covelo, California
