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 Old Station, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Old Station, CA provides a financial boost to eligible homebuyers in Old Station, 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 Old Station, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Old Station, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Old Station, 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 Old Station, 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 Old Station, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Old Station, 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 Old Station, 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 Old Station, 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: Utilizing an FHA loan with down payment assistance can help lower-income individuals or first-time homebuyers achieve homeownership with a lower upfront cost. This program provides financial support to cover a portion of the down payment, making it more accessible for qualified buyers to purchase a home in Old Station, California. Demographics: Old Station, California, is a small rural community located in Shasta County. The population is predominantly white, with a mix of other ethnicities and age groups. The town has a close-knit community feel and offers a peaceful environment for residents. Housing Market: The housing market in Old Station is characterized by a mix of single-family homes, cabins, and vacant land. The median home prices are affordable compared to neighboring cities, making it an attractive option for those looking for a tranquil place to call home. With the FHA down payment assistance program, more individuals can access homeownership in this area. Main Attractions: Old Station is known for its proximity to Lassen Volcanic National Park, offering outdoor enthusiasts opportunities for hiking, camping, and wildlife viewing. The area's natural beauty, including lakes, forests, and volcanic landscapes, makes it a desirable location for nature lovers and those seeking a slower pace of life.
FHA Down Payment Assistance Home Loan Benefits in Old Station, California
