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 Molinos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Molinos, CA provides a financial boost to eligible homebuyers in Los Molinos, 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 Molinos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Molinos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Molinos, 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 Molinos, 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 Molinos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Molinos, 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 Molinos, 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 Molinos, 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 in Los Molinos, California offer numerous benefits for prospective home buyers. These loans require a lower down payment, making homeownership more accessible for individuals who may not have substantial savings. Furthermore, FHA loans typically have lower credit score requirements compared to conventional loans, allowing individuals with less than perfect credit to qualify. Additionally, these loans often have competitive interest rates, potentially saving borrowers money over the life of the loan. For demographics, Los Molinos, California, has a population of approximately X, with a median household income of $Y. The majority of residents are families and retirees, creating a close-knit community feel. In terms of the housing market, Los Molinos offers a diverse range of housing options, from cozy single-family homes to spacious ranch-style properties. The market is relatively stable, with property values experiencing steady growth over the past few years. Main attractions in Los Molinos include the beautiful Tehama County River Park, which offers various outdoor recreational activities such as hiking, fishing, and picnicking. The area also boasts charming local shops, restaurants, and wineries, providing residents with plenty of entertainment options.
Benefits of FHA Down Payment Assistance Home Loan in Los Molinos, California
