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 Orange, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Orange, CA provides a financial boost to eligible homebuyers in Orange, 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 Orange, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Orange, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Orange, 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 Orange, 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 Orange, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Orange, 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 Orange, 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 Orange, 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. **Benefits:** The FHA Down Payment Assistance Home Loan program in Orange, California provides eligible individuals with the opportunity to purchase a home with a lower down payment requirement. This program helps first-time homebuyers and those with limited savings achieve homeownership by offering a down payment as low as 3.5% of the purchase price. 2. **Demographics:** Orange, California, is a vibrant city with a population that is ethnically diverse. The city has a mix of young professionals, families, and retirees, creating a dynamic community. The median household income in Orange is above the national average, making it an attractive location for homebuyers looking for stability and growth. 3. **Housing Market:** The housing market in Orange, California, is competitive yet promising. The city offers a variety of housing options, from single-family homes to condominiums, catering to different preferences and budgets. With the assistance of FHA loans, prospective buyers can navigate the real estate market more confidently and secure their dream home in Orange.
Benefits of FHA Down Payment Assistance Home Loan in Orange, California
