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 Milford, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Milford, CA provides a financial boost to eligible homebuyers in Milford, 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 Milford, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Milford, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Milford, 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 Milford, 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 Milford, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Milford, 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 Milford, 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 Milford, 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 Milford, California offer several benefits such as lower down payments, competitive interest rates, and flexible credit requirements. These loans make homeownership more achievable for individuals who may not qualify for conventional loans. Milford, California, is a charming town with a diverse demographic profile. The population consists of a mix of young families, professionals, and retirees, creating a vibrant community atmosphere with access to quality schools and healthcare facilities. The housing market in Milford is currently experiencing steady growth, making it an attractive location for prospective homebuyers. With a range of housing options from historic single-family homes to modern condos, there is something to suit every lifestyle and budget. Some main attractions in Milford include the picturesque Milford Lake, perfect for outdoor activities like fishing and boating, as well as the Milford Museum that showcases the town's rich history. Additionally, the local farmers' market and annual festivals add to the town's charm and sense of community.
Benefits of FHA Down Payment Assistance Home Loan in Milford, California
