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 Dana Point, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dana Point, CA provides a financial boost to eligible homebuyers in Dana Point, 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 Dana Point, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dana Point, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dana Point, 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 Dana Point, 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 Dana Point, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dana Point, 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 Dana Point, 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 Dana Point, 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 in Dana Point, California offers numerous advantages for first-time homebuyers. The program provides low down payment options, making homeownership more accessible. It also offers competitive interest rates and flexible qualification requirements, making it an attractive choice for those with limited savings or lower credit scores. The demographics of Dana Point, California, showcase a diverse community with a population of approximately 33,000 residents. The city is known for its coastal beauty, upscale neighborhoods, and excellent schools, making it a desirable location for families and young professionals seeking a high quality of life. The housing market in Dana Point is robust, with a mix of single-family homes, townhouses, and condominiums available. The median home price in Dana Point is $1.3 million, reflecting the city's desirable coastal location and upscale amenities. The market offers a range of options for buyers, from luxury waterfront properties to more affordable starter homes.
The Benefits of FHA Down Payment Assistance Home Loan in Dana Point, California
