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 Maricopa, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Maricopa, CA provides a financial boost to eligible homebuyers in Maricopa, 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 Maricopa, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Maricopa, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Maricopa, 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 Maricopa, 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 Maricopa, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Maricopa, 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 Maricopa, 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 Maricopa, 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.
The FHA Down Payment Assistance program offers various benefits to homebuyers in Maricopa, California. One of the key advantages is that it allows borrowers to purchase a home with a lower down payment requirement, often as low as 3.5% of the purchase price. This makes homeownership more accessible to individuals who may not have substantial savings for a traditional down payment. Demographically, Maricopa is a diverse community with a population that is predominantly working-age adults and families. The town has a mix of both renters and homeowners, with a growing interest in homeownership due to initiatives like the FHA Down Payment Assistance program. Residents enjoy a moderate cost of living and a relatively stable economy. The housing market in Maricopa, California, offers a range of options for homebuyers, from single-family residences to townhomes and condos. With the assistance of FHA loans, more individuals and families can afford to buy their own homes in this desirable location. The market is characterized by a mix of new developments and established neighborhoods. Maricopa boasts a variety of attractions for residents and visitors alike. From beautiful parks and outdoor recreational areas to cultural sites and local dining options, there is something for everyone to enjoy in this vibrant community. The town's close proximity to major cities and natural landmarks further enhances its appeal.
Benefits of FHA Down Payment Assistance Home Loan in Maricopa, California
