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 Lincoln, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lincoln, CA provides a financial boost to eligible homebuyers in Lincoln, 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 Lincoln, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lincoln, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lincoln, 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 Lincoln, 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 Lincoln, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lincoln, 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 Lincoln, 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 Lincoln, 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 numerous benefits for homebuyers in Lincoln, California. These loans enable buyers to secure homes with a lower down payment, making homeownership more accessible to a broader range of individuals. Additionally, FHA loans often have competitive interest rates, making them an attractive option for first-time buyers or those with less-than-perfect credit scores. Demographically, Lincoln, California, is a vibrant community with a growing population. With a mix of young professionals, families, and retirees, the city offers a diverse and welcoming environment for residents. The town's proximity to Sacramento provides easy access to urban amenities while still retaining a cozy small-town feel. The housing market in Lincoln, California, is experiencing steady growth, making it an attractive location for potential homebuyers. With a range of housing options available, from single-family homes to townhouses, there is something to suit every lifestyle and budget. The demand for housing in Lincoln is on the rise, reflecting the town's appeal and potential for a sound investment. Main attractions in Lincoln, California, include the scenic McBean Park, which offers a perfect spot for outdoor activities and community events. History enthusiasts can explore the Gladding, McBean & Co. factory, known for its historic pottery and architectural significance. Additionally, the city boasts a variety of dining and shopping options, ensuring residents have access to all their needs and wants.
Benefits of FHA Down Payment Assistance Home Loan in Lincoln, California
