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 Independence, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Independence, CA provides a financial boost to eligible homebuyers in Independence, 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 Independence, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Independence, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Independence, 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 Independence, 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 Independence, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Independence, 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 Independence, 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 Independence, 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 offers numerous benefits to potential homebuyers in Independence, California. This type of loan requires a lower down payment compared to traditional mortgages, making homeownership more accessible to a wider range of individuals. Moreover, FHA loans often have lower credit score requirements, which can be advantageous for first-time buyers or those with less-than-perfect credit histories. Additionally, the FHA program provides competitive interest rates, further increasing affordability for borrowers. Independence, California, boasts a diverse demographic landscape, with a mix of families, young professionals, and retirees. The town's population enjoys a comfortable lifestyle and proximity to major urban centers like Los Angeles while relishing the tranquility of the Eastern Sierra region. In terms of the housing market, Independence offers a range of options, from historic homes to modern developments. The market is stable, with steady appreciation rates and a variety of properties to suit different budgets and preferences. Main attractions in Independence include the Eastern California Museum, which showcases the area's rich history, and the nearby Manzanar National Historic Site, a poignant reminder of the Japanese American internment during World War II. Outdoor enthusiasts can also explore the stunning landscapes of the Sierra Nevada mountains.
FHA Down Payment Assistance Home Loan in Independence, California
