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 Osos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Osos, CA provides a financial boost to eligible homebuyers in Los Osos, 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 Osos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Osos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Osos, 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 Osos, 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 Osos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Osos, 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 Osos, 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 Osos, 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 Loan in Los Osos, California provides a valuable opportunity for first-time homebuyers to achieve their dream of homeownership by offering lower down payment requirements compared to traditional loans. This assistance program makes it easier for individuals and families to qualify for a mortgage, even with a limited budget. Demographics: Los Osos, California, is a charming coastal community located in San Luis Obispo County. It has a population of around 14,000 residents and is known for its scenic beauty, outdoor recreational activities, and laid-back lifestyle. The town has a diverse population with a mix of young professionals, families, and retirees. Housing Market: Los Osos offers a range of housing options, including single-family homes, townhouses, and condos. The housing market is competitive, with a median home price of around $600,000. The FHA Down Payment Assistance Home Loan can help buyers navigate the market and secure a home within their budget. Main Attractions: Some of the main attractions in Los Osos include Montana de Oro State Park, which offers hiking, biking, and stunning ocean views. The town is also close to Morro Bay, known for its iconic Morro Rock and abundance of seafood restaurants. Residents enjoy a high quality of life surrounded by nature and outdoor activities.
Benefits of FHA Down Payment Assistance Home Loan in Los Osos, California
