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 Glencoe, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Glencoe, CA provides a financial boost to eligible homebuyers in Glencoe, 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 Glencoe, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Glencoe, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Glencoe, 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 Glencoe, 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 Glencoe, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Glencoe, 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 Glencoe, 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 Glencoe, 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 Loan in Glencoe, California offers a range of benefits such as lower down payment requirements, competitive interest rates, and easier qualification criteria. This program assists first-time homebuyers and those with limited savings to achieve homeownership. Glencoe, California, a charming town in Calaveras County, has a population of approximately 700 residents. The demographic makeup includes a mix of families, retirees, and young professionals, creating a diverse community with a strong sense of small-town warmth. The housing market in Glencoe is stable, with a variety of housing options ranging from historic homes to modern developments. The median home price is affordable, making it an attractive location for those seeking a peaceful rural lifestyle within driving distance of larger cities. Some main attractions in Glencoe include the stunning natural beauty of Calaveras Big Trees State Park, known for its giant sequoias, and the charming Main Street lined with boutique shops and local eateries. Residents enjoy a relaxed pace of life amidst picturesque surroundings.
FHA Down Payment Assistance Home Loan in Glencoe, California
