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 Del Mar, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Del Mar, CA provides a financial boost to eligible homebuyers in Del Mar, 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 Del Mar, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Del Mar, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Del Mar, 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 Del Mar, 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 Del Mar, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Del Mar, 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 Del Mar, 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 Del Mar, 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 Del Mar, California offer several benefits. They require lower down payments, making homeownership more accessible to a wider range of individuals. These loans also have competitive interest rates, helping borrowers save money over the life of the loan. Demographically, Del Mar, California, is known for its affluent population, with a high median income level. The city attracts professionals, families, and retirees looking for a high quality of life by the beach. The community is diverse, with a mix of residents from different cultural backgrounds. In terms of the housing market, Del Mar offers a mix of luxury homes, charming beachside properties, and modern condominiums. The market is competitive, with properties often selling quickly. The FHA Down Payment Assistance Home Loan can help buyers navigate the market and secure their dream home. Del Mar is famous for its beautiful beaches, such as the Del Mar City Beach and Torrey Pines State Beach. The city is also home to the Del Mar Fairgrounds, where events like the San Diego County Fair take place. The Del Mar Village offers a variety of shops, restaurants, and galleries for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Del Mar, California
