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 Downieville, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Downieville, CA provides a financial boost to eligible homebuyers in Downieville, 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 Downieville, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Downieville, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Downieville, 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 Downieville, 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 Downieville, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Downieville, 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 Downieville, 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 Downieville, 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.
One of the key benefits of an FHA down payment assistance home loan in Downieville, California is the lower down payment requirement, making homeownership more accessible to individuals and families. This program also offers competitive interest rates, helping borrowers save money over the life of the loan. Additionally, FHA loans are available to borrowers with less-than-perfect credit scores, providing opportunities for those who may not qualify for conventional loans. Demographically, Downieville, California, has a population of approximately 282 residents. The majority of the population is Caucasian, with a median age of 49 years. The town has a rural charm and a close-knit community, making it an ideal place for those seeking a peaceful lifestyle. In terms of the housing market, Downieville offers a mix of historic homes and modern residences. The median home value in the area is $260,000, making it an affordable option for homebuyers. The market is relatively stable, with a steady demand for housing due to the town's picturesque location and recreational opportunities. Main attractions in Downieville include the Yuba River, known for its crystal-clear waters and excellent fishing spots. The town is also popular for outdoor activities such as hiking, mountain biking, and gold panning. The Downieville Downhill mountain biking trail attracts enthusiasts from across the country, adding to the town's unique character and appeal.
Benefits of FHA Down Payment Assistance Home Loan in Downieville, California
