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 Nido, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in El Nido, CA provides a financial boost to eligible homebuyers in El Nido, 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 Nido, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in El Nido, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in El Nido, 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 Nido, 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 Nido, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in El Nido, 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 Nido, 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 Nido, 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.
When considering FHA Down Payment Assistance, one of the key benefits is the low down payment requirement, making homeownership more accessible to individuals and families. It also offers competitive interest rates and flexible credit requirements, making it easier for people to qualify for a mortgage. El Nido, California is a diverse community with a population that is primarily Hispanic, followed by White and Asian residents. It is a tight-knit community where residents take pride in their neighborhood, with a growing number of young families and professionals choosing to call El Nido home. The housing market in El Nido is relatively stable, with a mix of single-family homes and apartments. The average home price is affordable compared to other parts of California, making it an attractive option for first-time homebuyers. The availability of FHA Down Payment Assistance programs further helps buyers secure their dream home. Some of the main attractions in El Nido include beautiful parks and recreational areas that offer ample opportunities for outdoor activities. Residents can enjoy hiking, biking, and picnicking in the scenic surroundings. The community also hosts various cultural events and festivals throughout the year, showcasing its rich heritage and vibrant spirit.
Benefits of FHA Down Payment Assistance Home Loan in El Nido, California
