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 Desert Hot Springs, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Desert Hot Springs, CA provides a financial boost to eligible homebuyers in Desert Hot Springs, 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 Desert Hot Springs, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Desert Hot Springs, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Desert Hot Springs, 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 Desert Hot Springs, 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 Desert Hot Springs, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Desert Hot Springs, 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 Desert Hot Springs, 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 Desert Hot Springs, 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: The FHA Down Payment Assistance program offers lower down payment requirements, making homeownership more accessible. It also allows for lower credit scores compared to conventional loans, helping more people qualify for home loans. Demographics: Desert Hot Springs has a diverse population with a mix of families, retirees, and young professionals. The city has experienced steady population growth in recent years, creating a vibrant community. Housing Market: The housing market in Desert Hot Springs is competitive yet affordable, making it an attractive option for first-time homebuyers. With the FHA Down Payment Assistance program, more individuals and families can enter the market and secure their dream homes. Main Attractions: Desert Hot Springs is known for its natural hot springs, which offer relaxation and therapeutic benefits. The city also boasts stunning mountain views, hiking trails, and is in close proximity to Joshua Tree National Park, making it a haven for outdoor enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Desert Hot Springs, California
