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 Lakeshore, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
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.
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.
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.
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.
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.
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 Lakeshore, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lakeshore, 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 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.
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.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
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.
FHA Down Payment Assistance Home Loan in Lakeshore, California
