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 Pacific Grove, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pacific Grove, CA provides a financial boost to eligible homebuyers in Pacific Grove, 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 Pacific Grove, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pacific Grove, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pacific Grove, 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 Pacific Grove, 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 Pacific Grove, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pacific Grove, 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 Pacific Grove, 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 Pacific Grove, 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: The FHA loan program offers low down payment options, making homeownership more accessible for first-time buyers. With down payment assistance, qualified individuals can secure a loan with as little as 3.5% down payment, helping them fulfill their dream of owning a home in Pacific Grove. Demographics: Pacific Grove, located on the scenic Monterey Peninsula, is known for its charming Victorian architecture, vibrant arts scene, and diverse community. The city has a mix of residents, including families, retirees, and young professionals, creating a dynamic and welcoming environment. Housing Market: The housing market in Pacific Grove offers a range of options, from historic homes to modern condos. The average home price is competitive compared to neighboring areas, and with the FHA down payment assistance program, potential buyers have more flexibility in purchasing their ideal property. Main Attractions: Pacific Grove is home to iconic attractions such as the scenic Seventeen Mile Drive, renowned Monterey Bay Aquarium, and Asilomar State Beach. Residents enjoy a high quality of life with access to beautiful beaches, hiking trails, and gourmet restaurants, making it a desirable place to call home.
FHA Down Payment Assistance Home Loan in Pacific Grove, California
