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 Fresno, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fresno, CA provides a financial boost to eligible homebuyers in Fresno, 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 Fresno, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fresno, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fresno, 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 Fresno, 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 Fresno, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fresno, 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 Fresno, 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 Fresno, 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 Fresno, California provide a great opportunity for first-time homebuyers to achieve homeownership with a lower down payment requirement. This can make buying a home more affordable and accessible for individuals who may not have a large sum of money saved up for a traditional down payment. Demographics in Fresno show a diverse population with a mix of cultures and backgrounds. The city has a strong sense of community and offers various cultural events and celebrations throughout the year that reflect this diversity. The housing market in Fresno is competitive but relatively affordable compared to other California cities. With the assistance of FHA loans, potential homebuyers can take advantage of the current market conditions and find a home that meets their needs without breaking the bank. Main attractions in Fresno include the beautiful Woodward Park, renowned for its gardens and outdoor activities, and the Fresno Chaffee Zoo, a popular destination for families. Additionally, the city offers a vibrant arts and entertainment scene, with theaters, galleries, and live music venues for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Fresno, California
