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 Descanso, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Descanso, CA provides a financial boost to eligible homebuyers in Descanso, 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 Descanso, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Descanso, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Descanso, 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 Descanso, 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 Descanso, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Descanso, 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 Descanso, 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 Descanso, 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.
Benefits of FHA Down Payment Assistance Home Loan: This program provides a great opportunity for first-time homebuyers in Descanso, California to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics: Descanso, California, is a small, close-knit community with a population of around 1,000 residents. The area is known for its scenic landscapes, peaceful environment, and friendly neighbors. Housing Market: The housing market in Descanso offers a range of options from cozy cabins to spacious family homes. With the FHA Down Payment Assistance Home Loan, buyers can take advantage of competitive interest rates and flexible terms. Main Attractions: Descanso is surrounded by natural beauty, including Cuyamaca Rancho State Park and Cleveland National Forest, offering outdoor activities like hiking, camping, and picnicking. The town also has local shops, restaurants, and community events for residents to enjoy.
FHA Down Payment Assistance Home Loan in Descanso, California
