Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Perris, CA

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 Perris, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Perris, CA?

Our Down Payment Assistance program in Perris, CA provides a financial boost to eligible homebuyers in Perris, 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.

Forgivable grant for FHA loans in Perris, CA

Key Features of Our FHA Down Payment Assistance in Perris, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Perris, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Perris, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Perris, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Perris, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Perris, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Perris, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Perris, 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.

First-time homebuyer FHA assistance in Perris, CA
Start Your Journey Today

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 Perris, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Perris, California

One of the key benefits of an FHA Down Payment Assistance Home Loan in Perris, California is the lower down payment requirement, making homeownership more accessible to individuals and families with limited savings.

Demographics in Perris, California include a growing population with a diverse mix of cultures and backgrounds. The city has a median age of XX years and a median household income of $XX,XXX. Perris is a vibrant community that offers a range of amenities and services to its residents.

The housing market in Perris, California is on the rise, with a steady increase in property values over the past few years. The city offers a variety of housing options, from single-family homes to condos, catering to different budget ranges. With the assistance of FHA loans, potential homeowners can take advantage of the favorable market conditions.

Main attractions in Perris, California include the Lake Perris State Recreation Area, known for its camping, fishing, and water sports activities. The Orange Empire Railway Museum is another popular destination, showcasing vintage trains and offering train rides for visitors. Perris is also home to several parks, restaurants, and shopping centers that contribute to the city's charm and liveliness.

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