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 Imperial, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Imperial, CA provides a financial boost to eligible homebuyers in Imperial, 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 Imperial, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Imperial, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Imperial, 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 Imperial, 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 Imperial, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Imperial, 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 Imperial, 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 Imperial, 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 main benefits of utilizing an FHA Down Payment Assistance Home Loan in Imperial, California is the lower down payment requirement. This makes homeownership more accessible for individuals who may not have large sums of money for a down payment. Additionally, FHA loans often have more lenient credit score requirements, which can be advantageous for first-time homebuyers or those with less-than-perfect credit. Demographically, Imperial, California is a diverse community with a mix of cultures and backgrounds. The population consists of young professionals, families, and retirees, creating a vibrant and inclusive environment. The city also boasts a strong sense of community spirit and is known for its welcoming atmosphere. In terms of the housing market, Imperial, California offers a variety of options ranging from single-family homes to condos and townhouses. The market is considered stable with steady appreciation rates, making it a favorable location for both buyers and sellers. With the assistance of FHA loans, potential homeowners can take advantage of the competitive market and find their dream home. Some of the main attractions in Imperial include the breathtaking views of the nearby desert landscapes, the Imperial Valley Mall for shopping enthusiasts, and the Imperial County Historical Society Museum for history buffs. Residents can also enjoy outdoor activities at the nearby parks and recreational areas.
Benefits of FHA Down Payment Assistance Home Loan in Imperial, California
