Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Lakeshore, CA

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 Lakeshore, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Lakeshore, CA?

Our Down Payment Assistance program in Lakeshore, CA provides a financial boost to eligible homebuyers in Lakeshore, 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.

Forgivable grant for FHA loans in Lakeshore, CA

Key Features of Our FHA Down Payment Assistance in Lakeshore, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Lakeshore, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Lakeshore, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Lakeshore, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Lakeshore, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Lakeshore, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Lakeshore, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Lakeshore, 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.

First-time homebuyer FHA assistance in Lakeshore, CA
Start Your Journey Today

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 Lakeshore, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Lakeshore, California

Benefits

1. Lower Down Payment: FHA loans offer a down payment as low as 3.5%, making home ownership more accessible.

2. Easier Qualification: These loans are backed by the government, making them easier to qualify for, even with less-than-perfect credit.

3. Down Payment Assistance: Programs exist to help with down payment and closing costs, easing the financial burden on homebuyers.

Demographics

Lakeshore, California, is a diverse community with a mix of families, young professionals, and retirees.

Housing Market

The Lakeshore housing market is competitive, with a mix of single-family homes and apartments. Prices vary but are generally affordable compared to nearby areas.

Main Attractions

Lakeshore boasts a beautiful lake for water activities, scenic hiking trails, and a vibrant downtown with shops and restaurants.

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sharon@horizonlendingservices.com
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972-347-9224
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