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 Felton, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Felton, CA provides a financial boost to eligible homebuyers in Felton, 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 Felton, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Felton, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Felton, 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 Felton, 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 Felton, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Felton, 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 Felton, 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 Felton, 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: An FHA loan with down payment assistance makes homeownership more accessible for first-time buyers by lowering the upfront costs and offering competitive interest rates. The program allows for a lower credit score requirement, providing opportunities for individuals with less than perfect credit to qualify for a home loan. Additionally, FHA loans offer flexible qualification guidelines and options with low down payment requirements. Demographics: Felton, California, is a charming town located in Santa Cruz County, known for its natural beauty and diverse community. The town has a mix of residents, including families, retirees, and young professionals, creating a vibrant and inclusive atmosphere. With a focus on sustainability and outdoor living, Felton attracts individuals looking for a balance between nature and modern amenities. Housing Market: The Felton housing market offers a range of options, from cozy cabins in the redwoods to modern homes with stunning views of the coast. Properties in Felton have shown steady appreciation in value, making it an attractive investment opportunity for prospective buyers. Buyers can find affordable housing options with the assistance of FHA loans and down payment assistance programs. Main Attractions: Explore Henry Cowell Redwoods State Park, home to ancient redwood trees and miles of hiking trails. Visit the Santa Cruz Beach Boardwalk for amusement park rides, games, and beach activities. Discover local artisans and organic produce at the Felton Farmers' Market, showcasing the town's commitment to sustainability and community.
Discover the Benefits of an FHA Down Payment Assistance Home Loan in Felton, California
