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 Mad River, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mad River, CA provides a financial boost to eligible homebuyers in Mad River, 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 Mad River, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mad River, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mad River, 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 Mad River, 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 Mad River, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mad River, 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 Mad River, 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 Mad River, 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 offer various benefits to prospective homebuyers in Mad River, California. These loans provide a lower down payment option, typically requiring only a 3.5% down payment, making homeownership more accessible to first-time buyers and those with limited savings. In Mad River, the demographics are diverse, with a mix of young families, retirees, and outdoor enthusiasts. The community is known for its scenic beauty, outdoor recreational opportunities, and strong sense of community. The housing market in Mad River is competitive, with a mix of single-family homes and picturesque properties near the river. The median home price is affordable compared to neighboring areas, making it an attractive option for homebuyers seeking a peaceful and close-knit community. Main attractions in Mad River include the breathtaking Redwood National and State Parks, ideal for hiking and exploring nature. Additionally, the Mad River Beach County Park offers a serene setting for picnics and water activities, attracting both residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Mad River, California
