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 Lafayette, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lafayette, CA provides a financial boost to eligible homebuyers in Lafayette, 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 Lafayette, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lafayette, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lafayette, 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 Lafayette, 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 Lafayette, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lafayette, 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 Lafayette, 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 Lafayette, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program offers low down payment options, making homeownership more accessible. It provides assistance to first-time homebuyers and those with less-than-perfect credit scores. Additionally, FHA loans often have lower interest rates compared to conventional loans. Demographics: Lafayette, California, is a vibrant city with a population of approximately 25,000 residents. The area boasts a high standard of living, with a median household income above the national average. The community is known for its excellent schools and family-friendly neighborhoods. Housing Market: Lafayette's housing market is competitive, with a median home value well above the state average. The city offers a mix of real estate options, including single-family homes, townhouses, and apartments. The demand for housing in Lafayette remains strong due to its desirable location and top-rated schools. Main Attractions: Lafayette offers a range of attractions, including beautiful parks, hiking trails, and boutique shops. The city is renowned for its culinary scene, with diverse dining options to suit every taste. Residents enjoy easy access to nearby wineries, outdoor activities, and cultural events throughout the year.
FHA Down Payment Assistance Home Loan in Lafayette, California
