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 Lemon Cove, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lemon Cove, CA provides a financial boost to eligible homebuyers in Lemon Cove, 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 Lemon Cove, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lemon Cove, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, 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 Loan in Lemon Cove, California offers numerous benefits to homebuyers. It allows for a lower down payment, typically as low as 3.5%, making homeownership more accessible to individuals with limited savings. The loan also provides competitive interest rates, helping borrowers save on long-term costs. Demographics in Lemon Cove, California show a population of around 350 residents. The community is diverse with a mix of age groups, including families, young professionals, and retirees. The town is known for its friendly atmosphere and strong sense of community. The housing market in Lemon Cove is stable, with a variety of options available for homebuyers. The market offers a mix of single-family homes, condos, and townhouses, catering to different preferences and budgets. With the assistance of FHA loans, prospective buyers can benefit from flexible financing options and government-backed security. Main attractions in Lemon Cove include its proximity to Sequoia National Park, offering residents and visitors access to stunning natural beauty, hiking trails, and outdoor activities. The town also boasts local eateries, shops, and cultural sites, providing a charming and vibrant lifestyle for its residents.
Benefits of FHA Down Payment Assistance Home Loan in Lemon Cove, California
