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 Escalon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Escalon, CA provides a financial boost to eligible homebuyers in Escalon, 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 Escalon, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Escalon, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Escalon, 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 Escalon, 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 Escalon, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Escalon, 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 Escalon, 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 Escalon, 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: The FHA Down Payment Assistance Home Loan program in Escalon, California offers low down payment options, making homeownership more accessible. This program also provides competitive interest rates and flexible credit requirements, allowing more individuals and families to qualify for home loans. Demographics: Escalon, California, has a population of approximately 8,500 residents. The town has a family-friendly atmosphere with a diverse community. The median household income in Escalon is above the national average, making it an attractive place for homebuyers seeking a strong community and economic stability. Housing Market: The housing market in Escalon is thriving, with a mix of historic homes and new developments. The median home price is $400,000, making it an affordable option for first-time buyers. With the FHA Down Payment Assistance program, more buyers can enter the market and benefit from the growing property values in the area. Main Attractions: Escalon offers a range of attractions, including beautiful parks, local dining options, and a vibrant downtown area. The town is known for its community events and farmers' markets, creating a tight-knit and welcoming environment for residents of all ages.
Benefits of FHA Down Payment Assistance Home Loan in Escalon, California
