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 Korbel, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Korbel, CA provides a financial boost to eligible homebuyers in Korbel, 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 Korbel, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Korbel, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Korbel, 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 Korbel, 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 Korbel, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Korbel, 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 Korbel, 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 Korbel, 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.
Benefits: The FHA Down Payment Assistance Home Loan in Korbel, California offers a lower down payment requirement, making homeownership more accessible. Additionally, it provides competitive interest rates and allows for higher debt-to-income ratios, making it easier for individuals to qualify for a loan. Demographics: Korbel, California, is a small community with a diverse population. The town has a mix of families, young professionals, and retirees. The community values education, nature, and a close-knit neighborhood feel. Housing Market: The housing market in Korbel, California, is competitive yet stable. The town offers a range of housing options, from cozy bungalows to spacious family homes. The market is influenced by its proximity to urban centers and natural attractions. Main Attractions: Korbel, California, boasts beautiful natural surroundings, including parks, hiking trails, and waterways. The community also has a vibrant arts and cultural scene, with local galleries and events that showcase the talent of residents.
FHA Down Payment Assistance Home Loan in Korbel, California
