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 Ivanhoe, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ivanhoe, CA provides a financial boost to eligible homebuyers in Ivanhoe, 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 Ivanhoe, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ivanhoe, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 opting for an FHA Down Payment Assistance Home Loan in Ivanhoe, California, is that it offers a lower down payment requirement compared to traditional loans. This can make home ownership more accessible and affordable for first-time buyers and those with limited funds. Additionally, FHA loans often come with competitive interest rates, which can result in lower monthly payments and overall savings over the life of the loan. The down payment assistance programs available can further reduce the financial burden of purchasing a home in Ivanhoe. Demographically, Ivanhoe, California, is a diverse community with a mix of cultural backgrounds. The population consists of a blend of families, young professionals, and retirees, creating a vibrant and inclusive neighborhood. The area boasts good schools, parks, and recreational facilities, making it an ideal place to raise a family. In terms of the housing market, Ivanhoe offers a range of options from single-family homes to condominiums, catering to various preferences and budgets. The market is characterized by steady appreciation in property values, making it a sound investment for potential homeowners. The availability of FHA Down Payment Assistance programs further enhances the attractiveness of the real estate market in Ivanhoe. Some main attractions in Ivanhoe include its proximity to outdoor recreational areas such as Sequoia National Park and Kings Canyon National Park, offering residents the opportunity to enjoy nature and outdoor activities. The town also hosts local events, farmers' markets, and community festivals, fostering a strong sense of community and belonging.
FHA Down Payment Assistance Home Loan in Ivanhoe, California
