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 Elverta, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Elverta, CA provides a financial boost to eligible homebuyers in Elverta, 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 Elverta, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Elverta, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Elverta, 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 Elverta, 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 Elverta, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Elverta, 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 Elverta, 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 Elverta, 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 Loans in Elverta, California offer financial aid to help reduce the initial cash outlay required to purchase a home. This can make homeownership more accessible to individuals and families who may not have substantial savings for a down payment. Demographics in Elverta, California show a diverse population with a mix of suburban and rural characteristics. The area is home to a range of age groups, including families, young professionals, and retirees, contributing to a vibrant community atmosphere. The housing market in Elverta, California is experiencing steady growth, offering a range of housing options from single-family homes to townhouses and condos. The availability of FHA Down Payment Assistance Home Loans provides opportunities for first-time buyers to enter the market and invest in their dream home.
Benefits of FHA Down Payment Assistance Home Loan in Elverta, California
