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 Lake Isabella, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lake Isabella, CA provides a financial boost to eligible homebuyers in Lake Isabella, 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 Lake Isabella, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lake Isabella, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lake Isabella, 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 Lake Isabella, 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 Lake Isabella, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lake Isabella, 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 Lake Isabella, 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 Lake Isabella, 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 offer numerous benefits for homebuyers in Lake Isabella, California. These loans provide a lower down payment requirement, making homeownership more accessible. Additionally, they offer competitive interest rates and flexible credit requirements, making it easier for individuals with varying financial backgrounds to qualify for a mortgage. Demographics: Lake Isabella, California, is a picturesque town located in Kern County. The population is diverse, with a mix of families, young professionals, and retirees. The town boasts a strong sense of community and offers various amenities such as schools, parks, and recreational facilities. Housing Market: Lake Isabella's housing market is vibrant, with a range of housing options available. The median home price is affordable compared to other parts of California, making it an attractive location for first-time homebuyers. The market is dynamic, offering both historic homes and new constructions to cater to different preferences. Main Attractions: Lake Isabella is renowned for its stunning natural beauty, offering outdoor enthusiasts a plethora of activities such as hiking, fishing, and water sports. The town is situated near the Sequoia National Forest, providing residents with access to breathtaking landscapes and recreational opportunities.
Benefits of FHA Down Payment Assistance Home Loan in Lake Isabella, California
