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 Olivos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Olivos, CA provides a financial boost to eligible homebuyers in Los Olivos, 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 Olivos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Olivos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Olivos, 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 Olivos, 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 Olivos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Olivos, 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 Olivos, 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 Olivos, 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.
An FHA Down Payment Assistance Home Loan in Los Olivos, California offers numerous benefits to prospective homebuyers. This program can help individuals or families who may not have a large down payment saved up to purchase a home. By providing assistance with the down payment, the FHA loan makes homeownership more accessible to a wider range of people. Additionally, FHA loans often come with lower credit score requirements compared to traditional mortgages, making it easier for individuals with less-than-perfect credit to qualify for a loan. This can be particularly beneficial for first-time homebuyers or those who have experienced financial setbacks in the past. Furthermore, FHA loans typically have competitive interest rates, making them an attractive option for those looking to buy a home in Los Olivos, California. With fixed-rate and adjustable-rate options available, borrowers can choose the terms that best suit their financial situation and long-term goals.
Benefits of FHA Down Payment Assistance Home Loan
