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 Oakdale, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Oakdale, CA provides a financial boost to eligible homebuyers in Oakdale, 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 Oakdale, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Oakdale, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Oakdale, 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 Oakdale, 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 Oakdale, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Oakdale, 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 Oakdale, 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 Oakdale, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program offers benefits such as lower down payment requirements, flexible credit score criteria, and competitive interest rates. Additionally, the down payment assistance feature helps individuals with limited savings to achieve homeownership. Demographics: Oakdale, California, is a charming city located in Stanislaus County with a population of around 22,000 residents. The demographic makeup includes a mix of families, young professionals, and retirees, contributing to a vibrant community atmosphere. Housing Market: Oakdale's housing market offers a variety of property types ranging from single-family homes to apartments. The market is competitive, with a steady rise in home values over the years, making it an attractive investment opportunity for potential homebuyers. Main Attractions: Oakdale boasts picturesque landscapes, including parks, trails, and recreational facilities, attracting outdoor enthusiasts. The city is also known for its annual events, such as the Oakdale Rodeo and Chocolate Festival, providing entertainment for residents and visitors alike.
FHA Down Payment Assistance Home Loan in Oakdale, California
