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 Greenwood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Greenwood, CA provides a financial boost to eligible homebuyers in Greenwood, 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 Greenwood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Greenwood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Greenwood, 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 Greenwood, 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 Greenwood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Greenwood, 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 Greenwood, 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 Greenwood, 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.
Greenwood, California, offers various benefits for those considering an FHA Down Payment Assistance Home Loan. This type of loan enables individuals to secure a home with a lower down payment requirement, making homeownership more accessible. It provides flexibility in credit score requirements, allowing individuals with less-than-perfect credit a chance to qualify for favorable terms and rates. Demographically, Greenwood is a diverse community with a mix of young families, professionals, and retirees. The town values community engagement and offers a range of services to support residents, including top-notch schools, healthcare facilities, and recreational areas. This makes it an attractive location for individuals looking to settle down and raise a family. The housing market in Greenwood is competitive yet stable, with a mix of single-family homes, townhouses, and apartments available. The median home price is reasonable, making it an affordable option for first-time buyers. The FHA Down Payment Assistance program further enhances affordability, making homeownership a reality for more residents. Greenwood boasts several main attractions, including picturesque parks, hiking trails, and local shops and restaurants. The town's close-knit community and vibrant cultural scene provide residents with a high quality of life. With the FHA Down Payment Assistance Home Loan, individuals can enjoy these attractions while building equity in their homes.
Benefits of FHA Down Payment Assistance Home Loan in Greenwood, California
