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 Fellows, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fellows, CA provides a financial boost to eligible homebuyers in Fellows, 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 Fellows, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fellows, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fellows, 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 Fellows, 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 Fellows, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fellows, 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 Fellows, 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 Fellows, 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 Fellows, California provide various benefits to potential homebuyers. These loans require a lower down payment compared to conventional loans, making homeownership more accessible. Additionally, FHA loans offer competitive interest rates, making them an attractive option for first-time buyers and those with less-than-perfect credit. Demographics in Fellows, California show a diverse community with a mix of families, young professionals, and retirees. The area has a relatively affordable cost of living compared to nearby cities, making it an appealing choice for individuals looking to settle down in a tight-knit community with access to urban amenities. The housing market in Fellows, California is characterized by a range of single-family homes, townhouses, and condos. With the help of FHA down payment assistance programs, prospective buyers can navigate the market more easily and find a property that suits their needs and budget. The market is stable, offering opportunities for both buyers and sellers. Some of the main attractions in Fellows, California include scenic outdoor recreational areas, local parks, hiking trails, and community events. The town's close proximity to larger cities like Bakersfield provides residents with access to cultural attractions, dining options, and employment opportunities.
FHA Down Payment Assistance Home Loan Benefits in Fellows, California
