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 Fontana, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fontana, CA provides a financial boost to eligible homebuyers in Fontana, 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 Fontana, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fontana, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fontana, 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 Fontana, 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 Fontana, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fontana, 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 Fontana, 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 Fontana, 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 programs offer benefits such as lower down payment requirements, flexible credit score criteria, and competitive interest rates, making homeownership more accessible to those with limited financial resources. The city of Fontana, located in Southern California, has a diverse population with a mix of cultures and backgrounds. The demographics include a blend of Hispanic, White, Black, and Asian residents, contributing to a vibrant and inclusive community. Fontana's housing market is dynamic, with a range of housing options including single-family homes, townhouses, and apartments. The city has seen steady growth in property values over the years, making it an attractive location for real estate investment and homebuyers alike. Some of the main attractions in Fontana include the Auto Club Speedway, which hosts NASCAR races, and the Fontana Park, a popular recreational area with sports facilities, playgrounds, and picnic areas, offering residents plenty of opportunities for outdoor activities and leisure.
FHA Down Payment Assistance Home Loan Benefits in Fontana, California
