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 Moraga, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Moraga, CA provides a financial boost to eligible homebuyers in Moraga, 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 Moraga, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Moraga, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Moraga, 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 Moraga, 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 Moraga, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Moraga, 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 Moraga, 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 Moraga, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Moraga, California is the lower down payment requirement. This makes homeownership more accessible for individuals who may not have a large sum of money saved up for a traditional down payment. Additionally, FHA loans often have lower credit score requirements compared to conventional loans, making them a viable option for first-time homebuyers or those with less-than-perfect credit histories. Another advantage is the possibility of including the closing costs in the loan amount, reducing the immediate out-of-pocket expenses during the home buying process. Demographics of Moraga, California Moraga is a suburban town located in the San Francisco Bay Area with a population of approximately 17,256 residents. It is known for its family-friendly environment, excellent schools, and a high standard of living. Housing Market in Moraga The housing market in Moraga is competitive, with a mix of single-family homes, townhouses, and apartments. The median home value is around $1.5 million, with a steady appreciation rate over the years. Main Attractions in Moraga Some of the main attractions in Moraga include the Moraga Commons Park, Saint Mary's College Museum of Art, and the Lafayette Reservoir. Residents also enjoy access to various hiking trails in the nearby hills.
Benefits of FHA Down Payment Assistance Home Loan in Moraga, California
