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 New Almaden, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in New Almaden, CA provides a financial boost to eligible homebuyers in New Almaden, 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 New Almaden, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in New Almaden, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in New Almaden, 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 New Almaden, 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 New Almaden, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in New Almaden, 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 New Almaden, 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 New Almaden, 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 FHA down payment assistance home loan in New Almaden, California, is the lower down payment requirement, which can help more people achieve homeownership. This program also offers competitive interest rates and allows for higher debt-to-income ratios, making it more accessible to potential homebuyers. Demographically, New Almaden is a small, historic town located in Santa Clara County, with a population that values community, nature, and heritage. The town has a mix of residents, including young families, retirees, and working professionals, creating a diverse and inclusive atmosphere. In terms of the housing market, New Almaden offers a range of housing options, from historic homes with character to modern properties with amenities. The real estate market in the area is competitive, with steady appreciation rates, making it a desirable location for both investors and primary homeowners. Main attractions in New Almaden include the Almaden Quicksilver County Park, which offers hiking trails, picnic areas, and historical sites for visitors to explore. Additionally, the town is known for its charming downtown area, boutique shops, and local restaurants that showcase the area's culture and culinary diversity.
FHA Down Payment Assistance Home Loan Benefits in New Almaden, California
