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 Olema, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Olema, CA provides a financial boost to eligible homebuyers in Olema, 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 Olema, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Olema, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Olema, 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 Olema, 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 Olema, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Olema, 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 Olema, 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 Olema, 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 program offers lower down payment requirements, making homeownership more accessible to first-time buyers in Olema, California. This can help individuals with limited savings to achieve their dream of owning a home. One of the significant benefits of this program is that it allows for more flexible credit requirements, making it easier for individuals with less-than-perfect credit to qualify for a home loan. This can open up opportunities for a wider range of potential homeowners in Olema. Additionally, FHA loans often have lower interest rates compared to conventional mortgages, leading to more affordable monthly payments for borrowers. This can help residents of Olema save money in the long run and improve their overall financial stability.
Benefits of FHA Down Payment Assistance Home Loan in Olema, California
