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 Kernville, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kernville, CA provides a financial boost to eligible homebuyers in Kernville, 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 Kernville, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kernville, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kernville, 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 Kernville, 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 Kernville, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kernville, 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 Kernville, 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 Kernville, 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 primary benefits of an FHA Down Payment Assistance Home Loan in Kernville, California is that it enables first-time home buyers to purchase a home with a lower down payment requirement. This makes homeownership more accessible and affordable for individuals and families. Additionally, FHA loans offer competitive interest rates and flexible qualification criteria, making it easier for buyers to secure financing. The down payment assistance programs provided by FHA can help individuals overcome financial barriers and fulfill their dream of owning a home in Kernville. Moreover, FHA loans often have lower credit score requirements compared to conventional loans, allowing individuals with less-than-perfect credit to qualify for a mortgage. This opens up homeownership opportunities to a wider range of people in Kernville, ultimately contributing to the growth and stability of the local real estate market.
FHA Down Payment Assistance Home Loan Benefits in Kernville, California
