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 El Cajon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in El Cajon, CA provides a financial boost to eligible homebuyers in El Cajon, 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 El Cajon, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in El Cajon, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in El Cajon, 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 El Cajon, 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 El Cajon, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in El Cajon, 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 El Cajon, 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 El Cajon, 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 primary benefits of an FHA Down Payment Assistance Home Loan in El Cajon, California is the lower down payment requirement, making homeownership more accessible to many individuals and families. This type of loan also offers competitive interest rates and flexible credit requirements, making it a popular choice for first-time homebuyers. El Cajon, California, is a diverse city with a mix of cultures and ethnicities. The population consists of various age groups, with a strong sense of community and local pride. The city offers a range of amenities, including parks, schools, and shopping centers, making it an attractive place to live for people of all backgrounds. The housing market in El Cajon is dynamic, with a mix of properties ranging from single-family homes to apartments. The demand for housing in the area is steady, with a variety of options available for buyers. The market is competitive, but with the assistance of FHA Down Payment loans, many individuals can fulfill their dream of owning a home in this vibrant community. Some of the main attractions in El Cajon include the Water Conservation Garden, the Sycuan Casino, and the Olaf Wieghorst Museum. These attractions offer a mix of natural beauty, entertainment, and cultural experiences, making El Cajon a unique and exciting place to call home.
Benefits of FHA Down Payment Assistance Home Loan in El Cajon, California
