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 Mono Hot Springs, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mono Hot Springs, CA provides a financial boost to eligible homebuyers in Mono Hot Springs, 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 Mono Hot Springs, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mono Hot Springs, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mono Hot Springs, 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 Mono Hot Springs, 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 Mono Hot Springs, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mono Hot Springs, 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 Mono Hot Springs, 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 Mono Hot Springs, 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.
Benefits of FHA Down Payment Assistance Home Loan: FHA loans offer low down payment options, making homeownership more accessible. The down payment assistance program can help qualified buyers with upfront costs. Additionally, FHA loans have competitive interest rates and are easier to qualify for compared to conventional loans. Demographics: Mono Hot Springs, California, is a small community with a population of around 30 permanent residents. The area is known for its natural beauty and tranquility, attracting visitors looking for a retreat from city life. Housing Market in Mono Hot Springs: The housing market in Mono Hot Springs primarily consists of single-family homes and cabins. Due to the secluded nature of the area, properties may be limited but offer peaceful surroundings and access to outdoor activities like hiking and fishing. Main Attractions: Mono Hot Springs is famous for its natural hot springs, providing relaxation and therapeutic benefits to residents and visitors. The surrounding Sierra Nevada Mountains offer opportunities for outdoor adventures such as hiking in the Ansel Adams Wilderness.
FHA Down Payment Assistance Home Loan in Mono Hot Springs, California
