Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Delano, CA

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 Delano, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Delano, CA?

Our Down Payment Assistance program in Delano, CA provides a financial boost to eligible homebuyers in Delano, 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.

Forgivable grant for FHA loans in Delano, CA

Key Features of Our FHA Down Payment Assistance in Delano, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Delano, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Delano, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Delano, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Delano, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Delano, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Delano, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Delano, 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.

First-time homebuyer FHA assistance in Delano, CA
Start Your Journey Today

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 Delano, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Delano, California

One of the main benefits of an FHA Down Payment Assistance Home Loan in Delano, California is the low down payment requirement. This allows more people to become homeowners, even if they don't have a large sum of money saved up for a down payment.

Demographics in Delano, California, show a diverse community with a mix of Hispanic, Asian, and White residents. The city has a strong sense of community and is known for its agricultural activities, with many residents working in the farming industry.

The housing market in Delano, California, is stable, with a mix of single-family homes and apartments. The median home price is affordable compared to nearby cities, making it an attractive option for first-time home buyers and those looking to invest in real estate.

Main attractions in Delano include the Colonel Allensworth State Historic Park, which offers a glimpse into the history of African American settlers in the area. The city also hosts the annual Philippine Weekend, celebrating the Filipino community's heritage and culture.

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