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 Hercules, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hercules, CA provides a financial boost to eligible homebuyers in Hercules, 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 Hercules, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hercules, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hercules, 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 Hercules, 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 Hercules, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hercules, 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 Hercules, 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 Hercules, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Hercules, California, is the lower down payment requirement. This allows more individuals and families to fulfill their dream of homeownership, especially first-time buyers or those with limited savings. Demographically, Hercules is a diverse and vibrant community with a mix of young professionals and families. The city offers a wide range of amenities, including parks, schools, and shopping centers, making it an attractive place to live for people of all ages. In terms of the housing market, Hercules, California, offers a variety of housing options ranging from single-family homes to modern apartments. The city has seen steady growth in property values, making it an appealing location for real estate investment. Some main attractions in Hercules include the scenic waterfront areas, hiking trails, and local dining options. The city's rich history and cultural charm make it a desirable place to call home for those looking for a mix of urban convenience and natural beauty.
FHA Down Payment Assistance Home Loan Benefits in Hercules, California
