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 Lathrop, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lathrop, CA provides a financial boost to eligible homebuyers in Lathrop, 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 Lathrop, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lathrop, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lathrop, 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 Lathrop, 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 Lathrop, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lathrop, 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 Lathrop, 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 Lathrop, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Lathrop, California is the lower down payment requirement. This can make homeownership more accessible to first-time buyers or those with limited funds for a down payment. Demographics in Lathrop, California show a diverse community with a growing population. The city has a mix of young families, professionals, and retirees. The median household income is slightly above the national average, which makes it an attractive location for those looking for affordable housing options. The housing market in Lathrop, California is thriving with a steady increase in home values and new construction. The city offers a variety of housing choices ranging from single-family homes to townhouses and apartments. With the help of FHA Down Payment Assistance programs, more residents can achieve their dream of owning a home in this flourishing market. Some main attractions in Lathrop, California include the scenic Lathrop Lake, the beautiful River Islands community, and the convenient shopping centers. With its close proximity to major cities like San Francisco and Sacramento, Lathrop provides a perfect balance of suburban living and easy access to urban amenities.
Benefits of FHA Down Payment Assistance Home Loan in Lathrop, California
