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 Kentfield, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kentfield, CA provides a financial boost to eligible homebuyers in Kentfield, 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 Kentfield, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kentfield, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kentfield, 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 Kentfield, 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 Kentfield, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kentfield, 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 Kentfield, 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 Kentfield, 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.
The FHA Down Payment Assistance Home Loan in Kentfield, California offers several benefits to potential homebuyers. One of the key advantages is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This helps make homeownership more accessible to individuals who may not have a large amount of savings for a down payment. Additionally, FHA loans have less strict credit score requirements compared to conventional loans, making it easier for individuals with lower credit scores to qualify for a mortgage. The FHA also allows for higher debt-to-income ratios, providing more flexibility for borrowers with existing financial obligations. Furthermore, FHA loans offer competitive interest rates and the option for fixed-rate mortgages, providing predictability and stability in monthly payments over the life of the loan. This can be particularly beneficial for first-time homebuyers or those on a tight budget.
Benefits of FHA Down Payment Assistance Home Loan in Kentfield, California
