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 Mission Viejo, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mission Viejo, CA provides a financial boost to eligible homebuyers in Mission Viejo, 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 Mission Viejo, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mission Viejo, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mission Viejo, 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 Mission Viejo, 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 Mission Viejo, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mission Viejo, 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 Mission Viejo, 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 Mission Viejo, 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 Loan offers lower down payment requirements, making homeownership more accessible to a wider range of buyers. This can be particularly advantageous for first-time buyers or those with limited savings. Demographics in Mission Viejo, California, show a primarily suburban community with a population that values family-friendly environments. The city has a higher median household income compared to the national average, which can be ideal for potential homebuyers. The housing market in Mission Viejo is robust, characterized by a mix of single-family homes and condominiums. With the assistance of FHA loans, buyers can take advantage of competitive interest rates and flexible credit requirements, making it easier to enter the housing market. Main attractions in Mission Viejo include the picturesque Oso Creek Trail, the vibrant Mission Viejo Lake, and the family-friendly atmosphere of The Shops at Mission Viejo. These attractions enhance the quality of life for residents in the area.
Benefits of FHA Down Payment Assistance Home Loan in Mission Viejo, California
