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 Hemet, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hemet, CA provides a financial boost to eligible homebuyers in Hemet, 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 Hemet, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hemet, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hemet, 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 Hemet, 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 Hemet, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hemet, 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 Hemet, 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 Hemet, 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 Hemet, California provides a valuable opportunity for homebuyers to achieve homeownership with a lower down payment requirement, making it more accessible for first-time buyers and those with limited savings. This program helps reduce the financial burden of purchasing a home, allowing individuals and families to secure a loan with a lower initial investment. Demographically, Hemet, California, is a diverse city with a population that includes a mix of families, young professionals, and retirees. The city offers a suburban feel with a variety of housing options, including single-family homes, townhouses, and apartments, catering to different preferences and lifestyles. The housing market in Hemet, California, is vibrant and diverse, with a range of affordable housing options available for buyers. The FHA Down Payment Assistance program further stimulates the housing market by encouraging more individuals to invest in homeownership, leading to economic growth and development within the region. Some main attractions in Hemet, California, include the Ramona Bowl Amphitheater, a historic outdoor venue hosting plays and events, and Diamond Valley Lake, a reservoir offering recreational activities such as fishing and hiking. Additionally, the city's proximity to the San Jacinto Mountains provides outdoor enthusiasts with opportunities for camping and nature exploration.
Benefits of FHA Down Payment Assistance Home Loan in Hemet, California
