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 Lone Pine, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lone Pine, CA provides a financial boost to eligible homebuyers in Lone Pine, 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 Lone Pine, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lone Pine, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lone Pine, 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 Lone Pine, 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 Lone Pine, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lone Pine, 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 Lone Pine, 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 Lone Pine, 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 several benefits for prospective homebuyers in Lone Pine, California. These loans allow for a lower down payment requirement, making homeownership more accessible for individuals who may not have substantial savings. Additionally, FHA loans often have lower credit score requirements, providing opportunities for individuals with less-than-perfect credit to qualify for a mortgage. Lone Pine, California, located in Inyo County, has a population of approximately 2,000 residents. The median age in the town is 49 years, with a mix of families, retirees, and outdoor enthusiasts calling the area home. The town enjoys a moderate climate throughout the year, with access to outdoor activities like hiking, fishing, and camping. The housing market in Lone Pine offers a variety of options for potential buyers. While the market is competitive, the median home price is below the California average, making it an attractive location for first-time homebuyers. With the assistance of FHA Down Payment Assistance Home Loans, buyers can take advantage of the lower down payment options and favorable interest rates. Some of the main attractions in Lone Pine include the Alabama Hills, a popular filming location for movies and TV shows, and the nearby Mount Whitney, the tallest mountain in the contiguous United States. The town also hosts the Lone Pine Film Festival annually, celebrating its history in the film industry.
Benefits of FHA Down Payment Assistance Home Loan in Lone Pine, California
