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 Pacifica, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pacifica, CA provides a financial boost to eligible homebuyers in Pacifica, 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 Pacifica, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pacifica, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pacifica, 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 Pacifica, 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 Pacifica, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pacifica, 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 Pacifica, 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 Pacifica, 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 offer various benefits for first-time homebuyers in Pacifica, California. These loans require a lower down payment, typically around 3.5%, making homeownership more accessible for those with limited savings. Additionally, FHA loans have more flexible credit score requirements, allowing individuals with lower credit scores to qualify. This can be particularly advantageous for young families or individuals looking to enter the housing market without a long credit history. Furthermore, the FHA program offers competitive interest rates, helping to reduce the overall cost of homeownership. This, combined with the generous loan terms, makes FHA Down Payment Assistance Home Loans a popular choice for many residents in Pacifica.
Benefits of FHA Down Payment Assistance Home Loan in Pacifica, California
