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 Manteca, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Manteca, CA provides a financial boost to eligible homebuyers in Manteca, 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 Manteca, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Manteca, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Manteca, 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 Manteca, 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 Manteca, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Manteca, 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 Manteca, 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 Manteca, 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.
One of the key benefits of an FHA down payment assistance home loan in Manteca, California, is the lower down payment requirement. With this program, qualified individuals can purchase a home with as little as 3.5% down, making homeownership more accessible and affordable. Another advantage is the lenient credit score requirements. FHA loans are designed to help individuals with less-than-perfect credit scores achieve their dream of owning a home. This makes it a great option for first-time homebuyers or those who may have had credit challenges in the past. Additionally, FHA loans offer competitive interest rates and flexible qualification guidelines, making them a popular choice for many homebuyers in the Manteca area. With the assistance of this program, individuals can secure a mortgage that suits their financial situation. Demographics Manteca, California, has a diverse population with a mix of young professionals, families, and retirees. The city has a strong sense of community and offers various amenities and services to cater to residents of all ages. Housing Market The housing market in Manteca is dynamic, with a mix of single-family homes, townhouses, and apartments available for purchase or rent. The city has seen steady growth in property values over the years, making it an attractive investment opportunity for homebuyers. Main Attractions Some of the main attractions in Manteca include the beautiful Woodward Park, the Manteca Historical Museum, and the popular Big League Dreams sports complex. Residents can also enjoy shopping and dining opportunities at the nearby Promenade Shops at Orchard Valley.
Benefits of FHA Down Payment Assistance Home Loan in Manteca, California
