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 Montgomery Creek, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Montgomery Creek, CA provides a financial boost to eligible homebuyers in Montgomery 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 Montgomery Creek, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Montgomery Creek, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Montgomery 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 Montgomery 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 Montgomery Creek, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Montgomery 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 Montgomery 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 Montgomery 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.
Benefits: An FHA loan offers low down payments, ideal for first-time homebuyers. With down payment assistance programs available, homeownership becomes more accessible. These loans also have lenient credit score requirements and lower interest rates, making them a popular choice for many aspiring homeowners. FHA loans are backed by the government, providing lenders with more security and allowing them to offer better terms to borrowers. Demographics: Montgomery Creek, California, has a diverse population with a mix of families, young professionals, and retirees. The area boasts a strong sense of community, with various cultural events and activities that bring residents together. Its proximity to major cities like Redding makes it an attractive location for those seeking a balance between urban amenities and a rural lifestyle. Housing Market: The housing market in Montgomery Creek offers a range of options, from cozy single-family homes to spacious ranch-style properties. Prices are competitive compared to surrounding areas, making it a desirable location for homebuyers looking for affordability and value. With FHA loans and down payment assistance programs, many residents find it easier to achieve their homeownership goals in this thriving real estate market. Main Attractions: Montgomery Creek is surrounded by stunning natural beauty, with parks and trails perfect for outdoor enthusiasts. The area is close to attractions like Shasta Lake, Lassen Volcanic National Park, and Whiskeytown National Recreation Area. Residents can enjoy a variety of recreational activities, from hiking and fishing to boating and camping, making Montgomery Creek an ideal place to call home.
FHA Down Payment Assistance Home Loan in Montgomery Creek, California
