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 Glen Ellen, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Glen Ellen, CA provides a financial boost to eligible homebuyers in Glen Ellen, 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 Glen Ellen, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Glen Ellen, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Glen Ellen, 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 Glen Ellen, 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 Glen Ellen, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Glen Ellen, 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 Glen Ellen, 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 Glen Ellen, 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 down payment assistance home loan in Glen Ellen, California provides low-to-moderate income homebuyers with the opportunity to own a home with a lower down payment requirement compared to conventional loans. This can make homeownership more accessible and affordable for individuals and families. Additionally, FHA loans often have lower credit score requirements, making it easier for individuals with a less-than-perfect credit history to qualify for a mortgage and purchase a home in Glen Ellen. Furthermore, FHA loans offer competitive interest rates and flexible qualification guidelines, providing more options for potential homebuyers in Glen Ellen who may not meet the stringent requirements of traditional mortgage loans. Demographics Glen Ellen, California, is a charming village located in Sonoma County. It has a population of approximately 784 residents. The community is known for its picturesque surroundings, vineyards, and sense of community. Housing Market The housing market in Glen Ellen offers a mix of historic homes, cozy cottages, and modern residences. The median home price in Glen Ellen is around $1.2 million, with a diverse range of housing options available to potential buyers. Main Attractions Glen Ellen is home to several main attractions, including Jack London State Historic Park, a beautiful park dedicated to the famous author, and Benziger Family Winery, where visitors can enjoy wine tastings and tours of the vineyard.
FHA Down Payment Assistance Home Loan in Glen Ellen, California
