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 Lebec, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lebec, CA provides a financial boost to eligible homebuyers in Lebec, 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 Lebec, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lebec, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lebec, 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 Lebec, 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 Lebec, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lebec, 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 Lebec, 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 Lebec, 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 in Lebec, California provide numerous benefits to potential homeowners. One of the key advantages is the lower down payment requirement, making it more accessible for individuals with limited savings to purchase a home. Furthermore, these loans often come with competitive interest rates and flexible credit requirements, allowing more people to qualify for home ownership. Additionally, FHA loans offer options for refinancing and renovation loans, providing assistance for various needs throughout the homeownership journey. Demographically, Lebec, California, is a diverse community with a mix of residents from different backgrounds and age groups. The town enjoys a moderate cost of living compared to nearby urban areas, making it an attractive location for families, young professionals, and retirees. In terms of the housing market, Lebec offers a range of options from single-family homes to apartments, catering to various preferences and budgets. The market is relatively stable, with steady growth in property values over the years, making it a promising investment for homebuyers. Main attractions in Lebec include its proximity to outdoor recreational areas such as Los Padres National Forest and Pyramid Lake, offering opportunities for hiking, camping, and boating. The town also features local shops, restaurants, and cultural events that provide a sense of community and vibrancy to residents.
Benefits of FHA Down Payment Assistance Home Loan in Lebec, California
