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 Menifee, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Menifee, CA provides a financial boost to eligible homebuyers in Menifee, 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 Menifee, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Menifee, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Menifee, 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 Menifee, 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 Menifee, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Menifee, 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 Menifee, 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 Menifee, 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 Menifee, California offer lower down payment requirements, making homeownership more accessible for first-time buyers. This program enables individuals to purchase homes with as little as 3.5% down, making it an attractive option for those with limited savings. Menifee, California, located in Riverside County, has a diverse population with a mix of young families and retirees. The city has experienced steady growth over the years, providing residents with a range of amenities, including parks, shopping centers, and schools. The community is known for its friendly atmosphere and strong sense of community. The housing market in Menifee offers a variety of options, from single-family homes to condos and townhouses. With the assistance of FHA loans, buyers can take advantage of low interest rates and favorable terms, making it a favorable time to invest in real estate in the area. Some main attractions in Menifee include the Menifee Lakes Country Club, providing residents with recreational activities such as golfing and swimming. Additionally, the city is home to several parks and hiking trails, offering outdoor enthusiasts plenty of opportunities to enjoy nature.
Benefits of FHA Down Payment Assistance Home Loan in Menifee, California
