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 Esparto, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Esparto, CA provides a financial boost to eligible homebuyers in Esparto, 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 Esparto, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Esparto, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Esparto, 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 Esparto, 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 Esparto, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Esparto, 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 Esparto, 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 Esparto, 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 key benefits of an FHA down payment assistance home loan in Esparto, California, is the lower down payment requirement. With this program, qualified buyers can purchase a home with a down payment as low as 3.5%, making homeownership more accessible to a wider range of individuals and families. Another advantage is the competitive interest rates offered through the FHA program. This can result in lower monthly mortgage payments, ultimately saving the homeowner money over the life of the loan. Additionally, FHA loans are often more forgiving of credit challenges, making them an attractive option for those with less-than-perfect credit. Moreover, FHA loans are assumable, which can be appealing to future buyers of your home as they can take over your existing loan terms, potentially making your property more marketable when you decide to sell.
Benefits of FHA Down Payment Assistance Home Loan in Esparto, California
