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 Sobrante, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in El Sobrante, CA provides a financial boost to eligible homebuyers in El Sobrante, 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 Sobrante, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in El Sobrante, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in El Sobrante, 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 Sobrante, 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 Sobrante, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in El Sobrante, 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 Sobrante, 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 Sobrante, 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 of FHA Down Payment Assistance Home Loan: 1. Lower Down Payment Requirements: FHA loans allow for a lower down payment, making homeownership more accessible. 2. Flexible Credit Score Requirements: FHA loans typically have more lenient credit score requirements compared to conventional loans. 3. Assistance Programs: Eligible homebuyers can benefit from down payment assistance programs, making it easier to afford a home in El Sobrante. Demographics: El Sobrante is a diverse community in Contra Costa County, California, with a mix of families, young professionals, and retirees. Housing Market in El Sobrante: The housing market in El Sobrante is competitive, with a mix of single-family homes and townhouses. Prices have been steadily increasing, making it a good time to invest in the area. Main Attractions in El Sobrante: El Sobrante is known for its beautiful parks and outdoor recreational opportunities, such as Kennedy Grove Regional Recreation Area and San Pablo Reservoir.
FHA Down Payment Assistance Home Loan in El Sobrante, California
