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 Palm Desert, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Palm Desert, CA provides a financial boost to eligible homebuyers in Palm Desert, 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 Palm Desert, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Palm Desert, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Palm Desert, 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 Palm Desert, 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 Palm Desert, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Palm Desert, 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 Palm Desert, 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 Palm Desert, 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.
The FHA Down Payment Assistance Home Loan in Palm Desert, California offers several advantages to potential homebuyers. One of the key benefits is the lower down payment requirement, which can help individuals and families who may not have a large sum of money saved up for a traditional down payment. Demographically, Palm Desert has a population that is largely made up of middle to upper-class residents. The city is known for its vibrant community, excellent schools, and beautiful golf courses. It attracts a mix of retirees and younger families looking for a safe and welcoming environment. In terms of the housing market, Palm Desert offers a variety of options ranging from luxurious estates to more affordable condos. The market has been relatively stable with a steady increase in property values over the years, making it a good investment opportunity for potential homebuyers. Some of the main attractions in Palm Desert include the El Paseo Shopping District, renowned for its upscale boutiques and art galleries, as well as the Living Desert Zoo and Gardens, offering a unique desert wildlife experience. The city also hosts numerous cultural events and outdoor activities, making it a desirable place to live and visit.
FHA Down Payment Assistance Home Loan in Palm Desert, California
