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 King City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in King City, CA provides a financial boost to eligible homebuyers in King City, 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 King City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in King City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in King City, 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 King City, 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 King City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in King City, 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 King City, 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 King City, 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 home loans in King City, California provide several benefits to potential homebuyers. These loans offer lower down payment requirements and more flexible credit score criteria compared to traditional loans, making homeownership more accessible to a wider range of individuals. Demographically, King City is a diverse community located in Monterey County. With a population of approximately X, King City boasts a rich cultural tapestry with a mix of Hispanic, White, and other ethnic groups contributing to its vibrant atmosphere. In terms of the housing market, King City offers a variety of options for homebuyers, from quaint single-family homes to spacious properties with ample outdoor space. The market is relatively stable, with a median home price of $X, making it an attractive location for first-time buyers and those looking to invest in real estate. Main attractions in King City include the beautiful San Lorenzo County Park, perfect for outdoor enthusiasts, and the Salinas Valley Fairgrounds, which hosts numerous events throughout the year. Additionally, the nearby Pinnacles National Park offers stunning hiking trails and breathtaking views for nature lovers to enjoy.
FHA Down Payment Assistance Home Loan Benefits in King City, California
