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 Nipomo, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Nipomo, CA provides a financial boost to eligible homebuyers in Nipomo, 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 Nipomo, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Nipomo, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Nipomo, 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 Nipomo, 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 Nipomo, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Nipomo, 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 Nipomo, 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 Nipomo, 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.
Nipomo, California, offers a unique opportunity for homebuyers to access the benefits of an FHA down payment assistance home loan. This program provides financial support to help individuals and families achieve their dream of homeownership with reduced down payment requirements and lower interest rates. Demographically, Nipomo is a diverse community with a mix of families, young professionals, and retirees. The town's population has been growing steadily in recent years, attracting individuals seeking a peaceful coastal lifestyle with convenient access to urban amenities. The housing market in Nipomo is dynamic, with a range of housing options available to suit different preferences and budgets. The FHA down payment assistance program can make these homes more affordable and accessible to a wider range of buyers, stimulating economic growth and community development. When in Nipomo, residents and visitors can enjoy various attractions such as the Monarch Butterfly Grove, Nipomo Native Garden, and famous golf courses like Monarch Dunes Golf Club. The town's proximity to pristine beaches and vineyards also adds to its allure as a desirable place to live.
Benefits of FHA Down Payment Assistance Home Loan in Nipomo, California
