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 Beach, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Imperial Beach, CA provides a financial boost to eligible homebuyers in Imperial Beach, 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 Beach, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Imperial Beach, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Imperial Beach, 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 Beach, 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 Beach, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Imperial Beach, 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 Beach, 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 Beach, 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.
Imperial Beach, California offers a unique opportunity for homebuyers through the FHA Down Payment Assistance Home Loan program. This initiative provides financial support to first-time buyers or those with limited funds, making homeownership more achievable. The demographics of Imperial Beach show a diverse community with a mix of families, young professionals, and retirees. With a median household income above the national average and a growing population, the city presents a vibrant and inclusive environment for residents. The housing market in Imperial Beach is competitive yet promising. The FHA program helps mitigate financial barriers, allowing more individuals to enter the market. The city boasts a range of housing options from beachfront properties to family-friendly neighborhoods, catering to various preferences.
Benefits of FHA Down Payment Assistance Home Loan in Imperial Beach, California
