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 Norco, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Norco, CA provides a financial boost to eligible homebuyers in Norco, 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 Norco, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Norco, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Norco, 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 Norco, 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 Norco, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Norco, 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 Norco, 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 Norco, 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 an FHA Down Payment Assistance Home Loan in Norco, California, is the opportunity for first-time homebuyers to secure a home with a lower down payment requirement, making homeownership more accessible. Demographically, Norco, California, is a diverse community with a mix of families, young professionals, and retirees. The city offers a blend of suburban living and horse-friendly properties, appealing to a wide range of individuals looking for a peaceful yet vibrant place to call home. In terms of the housing market, Norco presents a promising outlook for both buyers and sellers. With a steady increase in property values in recent years and a variety of housing options available, the market caters to different preferences and budgets, making it an attractive location for real estate investment. Main attractions in Norco include the popular SilverLakes Equestrian and Sports Park, perfect for outdoor activities and events, as well as the scenic Santa Ana River Trail for nature enthusiasts. The city's close proximity to major highways also offers easy access to nearby attractions like Disneyland and beaches.
Benefits of FHA Down Payment Assistance Home Loan in Norco, California
