Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Ontario, CA

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 Ontario, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Ontario, CA?

Our Down Payment Assistance program in Ontario, CA provides a financial boost to eligible homebuyers in Ontario, 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.

Forgivable grant for FHA loans in Ontario, CA

Key Features of Our FHA Down Payment Assistance in Ontario, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Ontario, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Ontario, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Ontario, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Ontario, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Ontario, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Ontario, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Ontario, 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.

First-time homebuyer FHA assistance in Ontario, CA
Start Your Journey Today

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 Ontario, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Exploring the Benefits of FHA Down Payment Assistance Home Loans in Ontario, California

Benefits: FHA Down Payment Assistance Home Loans in Ontario, California offer a lower down payment requirement, making homeownership more accessible for first-time buyers. Additionally, these loans provide competitive interest rates and are backed by the government, ensuring stability and reliability.

Demographics: Ontario, California, boasts a diverse population with a mix of young professionals and families. The city's demographic makeup offers a rich cultural tapestry, with a strong sense of community and inclusivity.

Housing Market: The housing market in Ontario, California, is vibrant and competitive, with a range of housing options to suit various budgets and preferences. The market is characterized by steady appreciation in property values, making it an attractive investment opportunity.

Main Attractions: Ontario Mills, the largest outlet and entertainment destination in California, attracts visitors and locals alike with its shops, restaurants, and entertainment options. The city also boasts scenic parks, such as Cucamonga-Guasti Regional Park, offering outdoor recreational activities for residents.

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