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 Discovery Bay, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Discovery Bay, CA provides a financial boost to eligible homebuyers in Discovery Bay, 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 Discovery Bay, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Discovery Bay, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Discovery Bay, 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 Discovery Bay, 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 Discovery Bay, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Discovery Bay, 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 Discovery Bay, 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 Discovery Bay, 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 provides many benefits to homebuyers in Discovery Bay, California. The program offers low down payment options, making homeownership more accessible. Eligible borrowers can qualify with a credit score as low as 580. Additionally, the FHA loan program allows for higher debt-to-income ratios, increasing the chances of loan approval. Discovery Bay, California, is a picturesque town situated in Contra Costa County. It has a diverse population with a mix of families, professionals, and retirees. The town offers a suburban feel with highly-rated schools, making it an attractive location for families. The median household income is above the national average, indicating a stable and thriving community. The housing market in Discovery Bay is robust with a variety of housing options available. The median home value is above the national average, reflecting the desirability of the area. With the FHA Down Payment Assistance Home Loan, first-time homebuyers can take advantage of competitive interest rates and flexible qualification requirements to purchase their dream home in Discovery Bay. Some main attractions in Discovery Bay include its scenic waterways, perfect for boating and water sports enthusiasts. The town also boasts several parks, golf courses, and shopping centers, providing residents with ample recreational and leisure opportunities. The vibrant community spirit and convenient location make Discovery Bay a sought-after place to live.
Benefits of FHA Down Payment Assistance Home Loan in Discovery Bay, California
