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 Lamont, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lamont, CA provides a financial boost to eligible homebuyers in Lamont, 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 Lamont, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lamont, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lamont, 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 Lamont, 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 Lamont, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lamont, 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 Lamont, 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 Lamont, 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 significant benefits to homebuyers in Lamont, California. These loans provide lower down payment requirements, as low as 3.5%, making homeownership more affordable and accessible. Additionally, FHA loans often have more flexible credit score requirements, enabling individuals with less-than-perfect credit to qualify for financing. Lamont, California, is a diverse community with a growing population. The area boasts a rich cultural heritage, with a large Hispanic population contributing to a vibrant and inclusive atmosphere. The community is known for its strong sense of unity and pride, making it an appealing place to call home for individuals from all walks of life. The housing market in Lamont, California, offers a range of options for homebuyers. With the assistance of FHA loans, prospective buyers can explore a variety of properties, from single-family homes to condominiums. The market is dynamic, with opportunities for both first-time buyers and seasoned investors to find a suitable property that meets their needs and budget. Lamont, California, is situated in close proximity to several main attractions. The area is known for its beautiful parks and recreational facilities, offering residents ample opportunities for outdoor activities and relaxation. Additionally, Lamont's proximity to major cities like Bakersfield provides easy access to urban amenities, such as shopping, dining, and entertainment venues.
FHA Down Payment Assistance Home Loan Benefits in Lamont, California
