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 Midway City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Midway City, CA provides a financial boost to eligible homebuyers in Midway City, 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 Midway City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Midway City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Midway City, 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 Midway City, 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 Midway City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Midway City, 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 Midway City, 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 Midway City, 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 a great opportunity for homebuyers in Midway City, California. These loans require a lower down payment compared to conventional loans, making homeownership more accessible. The program also provides flexibility in credit requirements, allowing individuals with less-than-perfect credit to qualify for a mortgage. Demographics in Midway City show a diverse community with a mix of age groups and ethnicities. The population is known for its friendly and welcoming atmosphere, making it an ideal place to settle down and raise a family. With a strong sense of community and local pride, Midway City offers a vibrant living environment for residents. The housing market in Midway City is experiencing steady growth and demand. The availability of FHA Down Payment Assistance Home Loans has contributed to an increase in home sales and property values. Affordable housing options are available, ranging from charming single-family homes to modern condos, catering to various preferences and budgets. Main attractions in Midway City include its proximity to beautiful beaches, shopping centers, and dining establishments. Residents can enjoy outdoor activities such as hiking, biking, and picnicking in the city's parks and recreational areas. The vibrant local culture and rich history provide a unique backdrop for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan
