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 Fair Oaks, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fair Oaks, CA provides a financial boost to eligible homebuyers in Fair Oaks, 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 Fair Oaks, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fair Oaks, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fair Oaks, 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 Fair Oaks, 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 Fair Oaks, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fair Oaks, 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 Fair Oaks, 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 Fair Oaks, 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 primary benefits of an FHA Down Payment Assistance Home Loan in Fair Oaks, California is the lower upfront costs. This can make homeownership more accessible to a broader range of individuals, especially first-time buyers. Additionally, these loans often come with competitive interest rates, which can result in long-term savings for homeowners. Fair Oaks, California, is a diverse community with a population that includes families, young professionals, and retirees. The area boasts a mix of urban and suburban living, providing residents with a peaceful environment while still having access to city amenities. The housing market in Fair Oaks is dynamic, with a range of housing options available, from single-family homes to townhouses and apartments. The market is currently stable, offering opportunities for both buyers and sellers. With the assistance of an FHA loan, individuals can navigate the market more easily and secure their dream home. Main attractions in Fair Oaks include the beautiful Fair Oaks Park, renowned for its walking trails and picnic spots. The North Ridge Country Club is a popular spot for golf enthusiasts, offering stunning views and top-notch facilities. Additionally, the Fair Oaks Theatre Festival provides residents with entertainment options year-round.
FHA Down Payment Assistance Home Loan in Fair Oaks, California
