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 Oxnard, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Oxnard, CA provides a financial boost to eligible homebuyers in Oxnard, 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 Oxnard, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Oxnard, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Oxnard, 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 Oxnard, 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 Oxnard, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Oxnard, 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 Oxnard, 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 Oxnard, 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.
FHA down payment assistance home loans in Oxnard, California offer numerous benefits to prospective homebuyers. These loans allow for a lower down payment (as low as 3.5% of the purchase price), making homeownership more accessible to individuals with limited savings. Demographically, Oxnard is a diverse city with a population that includes a mix of Hispanic, Caucasian, and Asian residents. The city has a thriving agricultural industry, contributing to its cultural richness and economic growth. The housing market in Oxnard is buoyant, offering a range of options from single-family homes to condos. The median home price is competitive compared to neighboring cities, making it an attractive location for first-time homebuyers and families looking to settle in a vibrant coastal community. Oxnard boasts numerous attractions, including its beautiful beaches, Channel Islands Harbor for water activities, The Collection at RiverPark for shopping and dining, and Heritage Square for a glimpse into the city's history. The city's pleasant climate and proximity to Los Angeles add to its appeal.
Benefits of FHA Down Payment Assistance Home Loan in Oxnard, California
