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 Murphys, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Murphys, CA provides a financial boost to eligible homebuyers in Murphys, 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 Murphys, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Murphys, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Murphys, 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 Murphys, 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 Murphys, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Murphys, 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 Murphys, 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 Murphys, 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.
FHA Down Payment Assistance Home Loans in Murphys, California offer numerous advantages to first-time homebuyers. These loans provide lower down payment requirements, helping individuals and families achieve homeownership with more manageable upfront costs. Demographics: Murphys, California, is a charming town located in the Sierra Nevada foothills with a population of approximately 2,200 residents. The community is known for its historic downtown, wineries, and vibrant arts scene. Housing Market: The housing market in Murphys is competitive yet diverse, offering a range of housing options from historic homes to modern properties. With the assistance of FHA loans, buyers can access affordable financing options to purchase their dream homes in this desirable location. Main Attractions: Murphys is famous for its picturesque vineyards, historic landmarks like the Ironstone Vineyards and Mercer Caverns, and outdoor recreational activities such as hiking and fishing in the nearby Stanislaus National Forest.
Benefits of FHA Down Payment Assistance Home Loan in Murphys, California
