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 Lost Hills, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lost Hills, CA provides a financial boost to eligible homebuyers in Lost Hills, 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 Lost Hills, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lost Hills, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lost Hills, 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 Lost Hills, 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 Lost Hills, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lost Hills, 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 Lost Hills, 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 Lost Hills, 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: Obtaining an FHA loan in Lost Hills, California can provide significant benefits to homebuyers. One of the main advantages is the lower down payment requirement, making homeownership more accessible for individuals with limited funds. Additionally, FHA loans often have more flexible credit score requirements compared to traditional loans, enabling more people to qualify for financing. Demographics: Lost Hills is a small rural community located in Kern County, California. The town has a diverse population with a mix of Hispanic, White, and other ethnic groups. The median household income is below the state average, making down payment assistance programs crucial for aspiring homeowners in the area. Housing Market: The housing market in Lost Hills is characterized by a mix of single-family homes and agricultural properties. With the help of FHA Down Payment Assistance programs, more residents have the opportunity to purchase their own homes and invest in the local real estate market. Main Attractions: Despite its small size, Lost Hills offers a range of attractions for residents and visitors alike. The area is known for its beautiful landscapes, hiking trails, and proximity to national parks. Additionally, the town hosts cultural events that celebrate its diverse community and heritage.
FHA Down Payment Assistance Home Loan in Lost Hills, California
