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 Montclair, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Montclair, CA provides a financial boost to eligible homebuyers in Montclair, 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 Montclair, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Montclair, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Montclair, 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 Montclair, 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 Montclair, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Montclair, 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 Montclair, 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 Montclair, 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.
The FHA Down Payment Assistance Home Loan in Montclair, California offers numerous benefits to potential homebuyers. One of the main advantages is the lower down payment requirement, allowing more individuals and families to achieve homeownership. Additionally, the FHA loan program provides competitive interest rates and flexible qualification criteria, making it an attractive option for first-time buyers and those with less-than-perfect credit. Montclair, California, is a diverse and vibrant community located in San Bernardino County. With a population of approximately 39,000 residents, the city offers a mix of urban and suburban living. The area is known for its cultural diversity, excellent schools, and convenient access to major freeways and public transportation. The Montclair housing market is characterized by a range of housing options, including single-family homes, townhouses, and apartments. The city has seen steady growth in property values in recent years, making it an attractive location for real estate investment. With the assistance of FHA loans, prospective buyers can take advantage of these market conditions to secure affordable housing options. Some of the main attractions in Montclair include Montclair Place, a popular shopping destination with a variety of stores and restaurants. The city also boasts several parks and recreational facilities, providing opportunities for outdoor activities and community events. Additionally, Montclair is located near the picturesque San Gabriel Mountains, offering stunning views and opportunities for hiking and other outdoor adventures.
FHA Down Payment Assistance Home Loan in Montclair, California
