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 Eureka, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Eureka, CA provides a financial boost to eligible homebuyers in Eureka, 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 Eureka, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Eureka, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Eureka, 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 Eureka, 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 Eureka, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Eureka, 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 Eureka, 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 Eureka, 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 in Eureka, California, offers lower down payment requirements, making homeownership more accessible. It also provides competitive interest rates and flexible qualification criteria, supporting first-time buyers to achieve their dream of owning a home. Demographics: Eureka, California, has a population of around 27,000 residents. The city is known for its diverse community and rich history. The median household income is $40,905, with a majority of residents working in healthcare, retail, and education sectors. Housing Market: The housing market in Eureka offers a range of options from historic Victorian homes to modern condos. The average home price is $350,000, with a steady appreciation rate. The market is stable, making it a favorable location for investment and long-term residency. Main Attractions: Eureka is famous for its Old Town district, lined with preserved Victorian buildings, boutique shops, and art galleries. The city is also close to the stunning Redwood National and State Parks, offering residents ample opportunities for outdoor activities and exploration.
FHA Down Payment Assistance Home Loan in Eureka, California
