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 Oak View, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Oak View, CA provides a financial boost to eligible homebuyers in Oak View, 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 Oak View, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Oak View, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Oak View, 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 Oak View, 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 Oak View, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Oak View, 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 Oak View, 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 Oak View, 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.
1. Lower Down Payment: FHA loans offer a lower down payment requirement, making home ownership more accessible to buyers who may not have substantial savings. 2. Flexible Qualification Criteria: FHA loans have more lenient credit score requirements and allow for higher debt-to-income ratios, making it easier for individuals with less than perfect credit to qualify. 3. Assistance Programs: There are various down payment assistance programs available for FHA borrowers in Oak View, California, helping them further reduce upfront costs and make purchasing a home more affordable. Demographics of Oak View, California Located in Ventura County, Oak View has a population of around 4,000 residents. The community is known for its diverse population, with a mix of families, young professionals, and retirees. Housing Market in Oak View, California The housing market in Oak View is characterized by a mix of single-family homes, townhouses, and condominiums. The median home value is around $600,000, with a steady appreciation in recent years. Main Attractions in Oak View, California Oak View is nestled in the Ojai Valley, offering residents easy access to outdoor recreational activities such as hiking, biking, and horseback riding. The community also has local parks, farmer's markets, and a vibrant arts scene.
Benefits of FHA Down Payment Assistance Home Loan in Oak View, California
