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 Palm Springs, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in North Palm Springs, CA provides a financial boost to eligible homebuyers in North Palm Springs, 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 Palm Springs, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in North Palm Springs, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in North Palm Springs, 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 Palm Springs, 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 Palm Springs, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in North Palm Springs, 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 Palm Springs, 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 Palm Springs, 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.
Benefits: 1. FHA down payment assistance home loans provide opportunities for first-time homebuyers in North Palm Springs to purchase homes with a lower down payment requirement. 2. These loans often come with competitive interest rates, making homeownership more affordable for individuals and families in the area. 3. FHA loans also offer flexible qualification criteria, which can be beneficial for those with limited credit history or lower credit scores. Demographics: North Palm Springs, California, is a diverse community with a population that includes a mix of families, young professionals, and retirees. The area has a growing Hispanic population and a relatively high percentage of residents aged 65 and older. Housing Market: The housing market in North Palm Springs offers a range of options, from single-family homes to condos and townhouses. Home prices in the area have been steadily increasing, making it an attractive investment opportunity for buyers. Main Attractions: North Palm Springs is known for its beautiful natural landscapes, including stunning mountain views and hiking trails. The nearby Palm Springs Aerial Tramway and Joshua Tree National Park are popular attractions for residents and visitors alike.
FHA Down Payment Assistance Home Loan in North Palm Springs, California
