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 Paso Robles, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Paso Robles, CA provides a financial boost to eligible homebuyers in Paso Robles, 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 Paso Robles, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Paso Robles, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Paso Robles, 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 Paso Robles, 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 Paso Robles, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Paso Robles, 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 Paso Robles, 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 Paso Robles, 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 loans offer benefits like lower down payments, flexible credit requirements, and competitive interest rates, making home ownership more accessible. Down payment assistance programs further help buyers by providing funds for the down payment, reducing the financial burden. Paso Robles, California, boasts a diverse population with a median age of 38 years. The city's demographics include a mix of families, young professionals, and retirees, creating a vibrant community with a small-town feel. The housing market in Paso Robles is dynamic, with a range of properties available from cozy single-family homes to luxurious estates. The median home price is around $600,000, offering a variety of options for first-time buyers and seasoned investors alike. Paso Robles is renowned for its picturesque vineyards, historic downtown area, and hot springs. The city hosts numerous events throughout the year, including wine festivals, art shows, and food fairs, making it a hub for culture, recreation, and entertainment.
Benefits of FHA Down Payment Assistance Home Loan in Paso Robles, California
