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 Irvine, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Irvine, CA provides a financial boost to eligible homebuyers in Irvine, 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 Irvine, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Irvine, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Irvine, 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 Irvine, 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 Irvine, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Irvine, 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 Irvine, 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 Irvine, 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.
In Irvine, California, FHA Down Payment Assistance Home Loan offers numerous benefits to potential homebuyers. This loan program allows for a lower down payment requirement, making homeownership more accessible to individuals who may not have substantial savings for a traditional down payment. Demographically, Irvine is known for its diverse population, with a significant number of residents belonging to various ethnicities. The city boasts a high level of education, with many residents holding advanced degrees. It is a family-friendly city with top-rated schools, making it an attractive location for families looking to settle down. The housing market in Irvine is dynamic and competitive, with a mix of single-family homes, townhouses, and apartments. The city has seen steady appreciation in property values over the years, making it a wise investment for homebuyers. The FHA Down Payment Assistance Home Loan allows buyers to enter this market with more flexibility. Some of the main attractions in Irvine include the Irvine Spectrum Center, a popular shopping and entertainment destination, as well as the Orange County Great Park, offering outdoor recreational activities for residents. The city also has a vibrant culinary scene and is known for its beautiful parks and green spaces.
Benefits of FHA Down Payment Assistance Home Loan in Irvine, California
