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 Kings Beach, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kings Beach, CA provides a financial boost to eligible homebuyers in Kings Beach, 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 Kings Beach, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kings Beach, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kings Beach, 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 Kings Beach, 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 Kings Beach, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kings Beach, 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 Kings Beach, 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 Kings Beach, 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 a FHA down payment assistance home loan in Kings Beach, California is the opportunity it provides for individuals with limited financial resources to become homeowners. This program offers lower down payment requirements, making it more accessible to first-time buyers and those with lower incomes. Demographically, Kings Beach is a diverse community with a mix of residents including families, young professionals, and retirees. The population is around 4,000 and offers a welcoming and inclusive environment for all who call it home. In terms of the housing market, Kings Beach has seen steady growth in property values over the past few years. The availability of FHA down payment assistance loans has further stimulated the market, making homeownership a reality for many who may have otherwise struggled to afford a home in the area. Some main attractions in Kings Beach include its beautiful sandy beaches on the shores of Lake Tahoe, offering a range of water activities such as swimming, kayaking, and paddleboarding. Additionally, the surrounding mountains provide ample opportunities for hiking, skiing, and other outdoor adventures, making it an ideal location for nature enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Kings Beach, California
