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 Nevada City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Nevada City, CA provides a financial boost to eligible homebuyers in Nevada City, 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 Nevada City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Nevada City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Nevada City, 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 Nevada City, 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 Nevada City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Nevada City, 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 Nevada City, 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 Nevada City, 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 Nevada City, California offer several benefits to potential homeowners. These loans allow for lower down payments, typically around 3.5%, making homeownership more accessible to first-time buyers and individuals with limited savings. In terms of demographics, Nevada City, California, is a picturesque town located in the Sierra Nevada Mountains. With a population of around 3,100 residents, the town offers a tight-knit community feel perfect for families and retirees alike. The housing market in Nevada City is diverse, with a mix of historic homes and modern developments. The median home value in Nevada City is around $500,000, offering affordable housing options compared to other parts of California. Main attractions in Nevada City include the historic downtown area, known for its charming shops and restaurants, as well as outdoor activities like hiking, biking, and fishing in the scenic surroundings of the Sierra Nevada Mountains.
Benefits of FHA Down Payment Assistance Home Loan in Nevada City, California
