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 Cypress, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cypress, CA provides a financial boost to eligible homebuyers in Cypress, 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 Cypress, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cypress, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cypress, 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 Cypress, 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 Cypress, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cypress, 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 Cypress, 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 Cypress, 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 offers numerous benefits for homebuyers in Cypress, California. This type of loan allows for a lower down payment, making homeownership more affordable for first-time buyers. Additionally, it offers competitive interest rates and more lenient qualification requirements compared to traditional loans. Cypress, California, is a diverse and vibrant community located in Orange County. With a population of over 50,000 residents, the city offers a mix of suburban charm and urban amenities. The demographics of Cypress include a mix of families, young professionals, and retirees, creating a welcoming and inclusive environment. The housing market in Cypress is competitive yet diverse, offering a range of housing options from single-family homes to condominiums. The median home price in Cypress is around $700,000, with a steady appreciation rate over the years. With the support of FHA Down Payment Assistance Home Loan, potential buyers can make their dream of homeownership a reality in this thriving real estate market. Some main attractions in Cypress include the Los Alamitos Race Course, a popular horse racing track, as well as the Cypress Golf Club for golf enthusiasts. The city also boasts numerous parks, shopping centers, and dining options, making it an ideal place to live for individuals and families alike.
FHA Down Payment Assistance Home Loan in Cypress, California
