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 Hanford, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hanford, CA provides a financial boost to eligible homebuyers in Hanford, 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 Hanford, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hanford, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hanford, 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 Hanford, 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 Hanford, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hanford, 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 Hanford, 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 Hanford, 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 programs in Hanford, California offer numerous benefits to homebuyers. One of the key advantages is the lower down payment requirement, making homeownership more accessible to individuals with limited savings. Additionally, these programs often come with competitive interest rates, helping borrowers save money over the life of the loan. Demographics As of the latest census data, Hanford, California has a diverse population with a mix of age groups and ethnicities. The town is known for its strong sense of community and friendly neighborhoods, making it an ideal place for families and individuals looking to settle down in a welcoming environment. Housing Market The housing market in Hanford, California is vibrant, with a range of properties available to suit different budgets and preferences. The median home price in the area is competitive, offering buyers a good value for their money. With the help of FHA down payment assistance programs, aspiring homeowners can find affordable options in the Hanford market. Main Attractions Besides its housing market, Hanford boasts several main attractions, including the historic downtown area filled with charming shops and eateries. The town is also close to outdoor recreational areas, making it ideal for nature lovers. With a rich cultural scene and proximity to major cities, Hanford offers residents a balanced lifestyle.
Benefits of FHA Down Payment Assistance Home Loan
