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 Mill Creek, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mill Creek, CA provides a financial boost to eligible homebuyers in Mill Creek, 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 Mill Creek, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mill Creek, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mill Creek, 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 Mill Creek, 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 Mill Creek, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mill Creek, 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 Mill Creek, 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 Mill Creek, 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.
1. Lower Down Payment: FHA loans allow for a lower down payment, typically around 3.5%, making homeownership more accessible for buyers. 2. Flexible Credit Requirements: With FHA loans, individuals with less-than-perfect credit can still qualify, providing an opportunity for more people to own homes. 3. Assistance Programs: FHA loans offer various down payment assistance programs to help buyers in Mill Creek, California, further reducing the financial burden of purchasing a home. Demographics Mill Creek, California, is a diverse community with a mix of families, young professionals, and retirees. The median household income is above the national average, reflecting a stable economic environment. Housing Market The housing market in Mill Creek is vibrant, with a range of options from quaint suburban homes to modern apartments. The demand for housing is steady, creating a competitive market for both buyers and sellers. Main Attractions Mill Creek offers a picturesque setting with beautiful parks, hiking trails, and a thriving downtown area with local shops and restaurants. Residents enjoy a high quality of life with access to nature and community events.
Benefits of FHA Down Payment Assistance Home Loan in Mill Creek, California
