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 Daly City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Daly City, CA provides a financial boost to eligible homebuyers in Daly City, 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 Daly City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Daly City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Daly City, 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 Daly City, 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 Daly City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Daly City, 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 Daly City, 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 Daly City, 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 lower down payment options, making home ownership more accessible to individuals with limited savings. This program can also provide competitive interest rates and flexible qualification requirements, particularly beneficial for first-time homebuyers. Demographics: Daly City, California, has a diverse population with a mix of different ethnicities, including Asian and Hispanic communities. The city has a strong sense of community and offers various cultural events and festivals throughout the year. Housing Market: Daly City's housing market is dynamic, with a mix of single-family homes, condos, and apartments. The market has experienced steady appreciation in property values, making it an attractive location for both homeowners and investors. Main Attractions: Daly City boasts beautiful coastal views, easy access to outdoor activities like hiking and biking in parks such as Thornton State Beach and Mussel Rock Park. The city is also home to shopping centers, restaurants, and is in close proximity to San Francisco, offering a vibrant urban experience.
Benefits of FHA Down Payment Assistance Home Loan in Daly City, California
