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 Mount Shasta, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mount Shasta, CA provides a financial boost to eligible homebuyers in Mount Shasta, 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 Mount Shasta, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mount Shasta, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, 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: The FHA loan program offers benefits such as lower down payment requirements, competitive interest rates, and more flexible qualification criteria, making homeownership more accessible to a wider range of buyers. Demographics: Mount Shasta, California, has a diverse population comprising working professionals, families, and retirees. The town's community is known for its environmentally conscious residents who value outdoor activities and a relaxed lifestyle. Housing Market: The housing market in Mount Shasta offers a mix of charming single-family homes, cozy cabins, and modern townhouses. With the assistance of FHA loans, more buyers can afford a home in this picturesque town surrounded by natural beauty. Main Attractions: Mount Shasta boasts attractions such as the majestic Mount Shasta itself, perfect for hiking and skiing enthusiasts. The town also offers quaint shops, local eateries, and a vibrant arts scene, making it a delightful place to live and explore.
FHA Down Payment Assistance Home Loan in Mount Shasta, California
