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 Kenwood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kenwood, CA provides a financial boost to eligible homebuyers in Kenwood, 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 Kenwood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kenwood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kenwood, 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 Kenwood, 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 Kenwood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kenwood, 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 Kenwood, 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 Kenwood, 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 programs in Kenwood, California offer benefits such as lower down payment requirements, making home ownership more accessible to first-time buyers. These programs also provide competitive interest rates and are available to borrowers with lower credit scores, allowing more individuals to qualify for home loans. Furthermore, FHA loans offer flexibility in terms of eligibility criteria and allow for gifts or grants to be used towards the down payment, easing the financial burden on buyers. Demographics Kenwood, California, is a small community with a population of approximately 1,600 residents. The town has a suburban feel and is popular among families and retirees due to its peaceful surroundings and access to outdoor activities. Housing Market The housing market in Kenwood is characterized by a mix of single-family homes and charming estates. Prices have been stable in recent years, with a median home value of around $850,000. The market offers a variety of housing options, from quaint cottages to sprawling vineyard estates. Main Attractions Kenwood is renowned for its wineries and vineyards, making it a popular destination for wine enthusiasts. The town also offers picturesque hiking trails in Sugarloaf Ridge State Park and opportunities for outdoor recreation in nearby Annadel State Park.
Benefits of FHA Down Payment Assistance Home Loan
