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 Loomis, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Loomis, CA provides a financial boost to eligible homebuyers in Loomis, 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 Loomis, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Loomis, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Loomis, 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 Loomis, 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 Loomis, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Loomis, 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 Loomis, 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 Loomis, 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.
Benefits of FHA Down Payment Assistance Home Loan: FHA loans often offer lower down payment requirements, making homeownership more accessible. The down payment assistance can help individuals and families achieve their dream of owning a home in Loomis, California. Demographics: Loomis, California, is a charming town with a population that boasts a mix of families, professionals, and retirees. The town has a strong sense of community and is known for its excellent schools and safe neighborhoods. Housing Market: The housing market in Loomis, California, is thriving with a mix of single-family homes, townhouses, and condos. The market offers a variety of options for different budgets, and with the help of FHA down payment assistance, more individuals can afford to become homeowners in this desirable area. Main Attractions: Loomis is surrounded by beautiful natural landscapes, including hiking trails, parks, and nearby lakes. The town also has a quaint downtown area with boutique shops, restaurants, and a strong sense of community involvement through events and local festivities.
FHA Down Payment Assistance Home Loan in Loomis, California
