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 Lockeford, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lockeford, CA provides a financial boost to eligible homebuyers in Lockeford, 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 Lockeford, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lockeford, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lockeford, 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 Lockeford, 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 Lockeford, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lockeford, 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 Lockeford, 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 Lockeford, 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 Lockeford, California is the lower down payment requirements, making homeownership more accessible to a wider range of people. This can be particularly helpful for first-time homebuyers or those with limited funds for a down payment. Another advantage is the competitive interest rates offered on FHA loans, which can help reduce overall borrowing costs. Additionally, FHA loans are more lenient when it comes to credit score requirements, making it easier for individuals with less than perfect credit to qualify for a loan. Furthermore, FHA loans often have lower closing costs compared to conventional loans, which can result in savings for the borrower. The program also allows for the inclusion of the down payment assistance into the loan itself, easing the financial burden on the buyer.
Benefits of FHA Down Payment Assistance Home Loan in Lockeford, California
