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 Martinez, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Martinez, CA provides a financial boost to eligible homebuyers in Martinez, 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 Martinez, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Martinez, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Martinez, 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 Martinez, 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 Martinez, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Martinez, 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 Martinez, 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 Martinez, 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 in Martinez, California offer numerous benefits to prospective homebuyers. These loans require a lower down payment compared to conventional loans, making homeownership more attainable for individuals with limited savings. Additionally, FHA loans typically have lower credit score requirements, providing opportunities for individuals with less-than-perfect credit to qualify for financing. The down payment assistance programs available for these loans further assist buyers in covering upfront costs, reducing financial barriers to homeownership in Martinez. Lastly, FHA loans often offer competitive interest rates, potentially saving borrowers money over the life of the loan. These combined benefits make FHA Down Payment Assistance Home Loans a valuable option for individuals looking to buy a home in Martinez, California.
Benefits of FHA Down Payment Assistance Home Loan in Martinez, California
