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 North Highlands, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in North Highlands, CA provides a financial boost to eligible homebuyers in North Highlands, 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 North Highlands, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in North Highlands, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in North Highlands, 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 North Highlands, 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 North Highlands, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in North Highlands, 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 North Highlands, 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 North Highlands, 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.
The FHA Down Payment Assistance Home Loan offers several benefits to potential homebuyers in North Highlands, California. One key advantage is the lower down payment requirement, making homeownership more accessible to those with limited funds for a traditional down payment. Furthermore, the FHA loan program provides competitive interest rates and allows for lower credit scores compared to conventional loans, offering more flexibility for individuals looking to purchase a home in North Highlands. Additionally, the FHA loan program includes options for first-time homebuyers and those who may have struggled with past financial difficulties, providing a pathway to homeownership for a wider range of individuals in the North Highlands area. Demographics North Highlands, California, is a diverse community with a mix of residents from various backgrounds. The population consists of families, young professionals, and retirees, creating a vibrant and inclusive neighborhood. Housing Market The housing market in North Highlands offers a range of options, from single-family homes to townhouses and condos. The area has seen steady growth in property values, making it an attractive investment for prospective buyers. Main Attractions North Highlands boasts proximity to outdoor recreational areas like Foothill Park and Gibson Ranch, providing residents with opportunities for hiking, biking, and picnicking. The area also features shopping centers, restaurants, and community events, making it a lively and engaging place to call home.
Benefits of FHA Down Payment Assistance Home Loan
