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 Moreno Valley, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Moreno Valley, CA provides a financial boost to eligible homebuyers in Moreno Valley, 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 Moreno Valley, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Moreno Valley, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, 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.
In Moreno Valley, California, the FHA Down Payment Assistance Home Loan program offers numerous benefits for prospective homebuyers. This program provides financial assistance to help individuals and families achieve their dream of homeownership. With lower down payment requirements compared to conventional loans, the FHA loan makes purchasing a home more accessible and affordable. Demographics in Moreno Valley reflect a diverse community, with a mix of cultures and backgrounds. The city's population is comprised of various age groups, including young families, working professionals, and retirees. Moreno Valley's vibrant neighborhoods and welcoming environment make it an attractive place to call home for people from all walks of life. As for the housing market in Moreno Valley, it offers a range of options to suit different preferences and budgets. From spacious single-family homes to modern condos and townhouses, there is a housing solution for everyone. The market is dynamic, with a mix of new developments and established properties, providing ample choices for homebuyers. Main attractions in Moreno Valley include scenic parks, shopping centers, and recreational facilities. The city's proximity to outdoor destinations like Lake Perris State Recreation Area and Box Springs Mountain Reserve offers residents opportunities for outdoor activities and relaxation. Additionally, Moreno Valley boasts a diverse culinary scene and cultural attractions, making it a vibrant place to live and explore.
Benefits of FHA Down Payment Assistance Home Loan in Moreno Valley, California
