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 Granite Bay, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Granite Bay, CA provides a financial boost to eligible homebuyers in Granite Bay, 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 Granite Bay, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Granite Bay, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Granite Bay, 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 Granite Bay, 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 Granite Bay, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Granite Bay, 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 Granite Bay, 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 Granite Bay, 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: FHA Down Payment Assistance Home Loans in Granite Bay, California provide several advantages to potential homebuyers. These loans offer lower down payment requirements, making homeownership more accessible. They also have flexible credit score requirements, allowing individuals with less-than-perfect credit to qualify. Additionally, FHA loans typically have lower interest rates compared to conventional loans, resulting in lower monthly payments over the life of the loan. Demographics: Granite Bay, California, is a thriving community with a population that primarily consists of families and professionals. The median household income is above the national average, reflecting the area's affluence. The majority of residents are homeowners, indicating a stable and prosperous housing market. Housing Market: The housing market in Granite Bay is competitive, with a strong demand for properties due to its desirable location and top-rated schools. While home prices can be higher than average, the value of properties in this area tends to appreciate steadily over time. With the assistance of FHA loans, more buyers can enter the market and secure their dream homes. Main Attractions: Granite Bay offers a high quality of life, with access to outdoor recreational activities such as Folsom Lake and the Granite Bay Golf Club. The community boasts a range of dining and shopping options at the Quarry Ponds Town Center, providing residents with convenient amenities right at their doorstep.
FHA Down Payment Assistance Home Loan Benefits in Granite Bay, California
