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 Los Altos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Altos, CA provides a financial boost to eligible homebuyers in Los Altos, 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 Los Altos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Altos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Altos, 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 Los Altos, 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 Los Altos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Altos, 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 Los Altos, 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 Los Altos, 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: FHA Down Payment Assistance provides eligible homebuyers in Los Altos, California, with a low down payment option, making homeownership more accessible. This program offers competitive interest rates and lenient qualification requirements, including lower credit score thresholds compared to traditional mortgages. Demographics: Los Altos is a vibrant city in Santa Clara County, known for its highly-educated population and strong sense of community. The city has a mix of young professionals and families, with a median household income above the national average. The diverse population contributes to a rich cultural landscape. Housing Market: The housing market in Los Altos is competitive, with a median home price above the state average. The city offers a mix of single-family homes and condominiums, catering to a range of preferences. The FHA Down Payment Assistance program can help first-time buyers navigate the market and secure their dream home. Main Attractions: Los Altos boasts picturesque parks, upscale shopping areas, and top-rated restaurants. The city's proximity to Silicon Valley provides residents with access to job opportunities and a vibrant tech scene. Additionally, the nearby scenic hiking trails and cultural events offer a well-rounded lifestyle for residents.
FHA Down Payment Assistance Home Loan in Los Altos, California
