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 Paynes Creek, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Paynes Creek, CA provides a financial boost to eligible homebuyers in Paynes Creek, 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 Paynes Creek, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Paynes Creek, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, 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: 1. Lower Down Payment: FHA loans offer down payments as low as 3.5%, making homeownership more accessible. 2. Flexible Credit Requirements: These loans are available to borrowers with lower credit scores compared to conventional loans. 3. Assistance Programs: Various down payment assistance programs can help further reduce the upfront costs of buying a home. Demographics: Paynes Creek is a small community with a population of approximately 170 residents. The majority of the population is Caucasian, with a median age of 45 years. Housing Market: The housing market in Paynes Creek consists mainly of single-family homes with an average home value of $150,000. The market is stable, making it an attractive option for first-time homebuyers. Main Attractions: Paynes Creek offers a peaceful rural setting with access to outdoor activities such as hiking, camping, and fishing. Additionally, the nearby Lassen Volcanic National Park is a popular destination for nature enthusiasts.
FHA Down Payment Assistance Home Loan in Paynes Creek, California
