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 Petrolia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Petrolia, CA provides a financial boost to eligible homebuyers in Petrolia, 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 Petrolia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Petrolia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Petrolia, 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 Petrolia, 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 Petrolia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Petrolia, 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 Petrolia, 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 Petrolia, 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 homebuyers in Petrolia, California. These loans provide low down payment options, making homeownership more accessible to individuals with limited funds. Additionally, FHA loans have competitive interest rates and allow for higher debt-to-income ratios, making it easier for borrowers to qualify. Petrolia, California, is a small, charming town with a population of approximately 300 residents. The community is close-knit, offering a tight sense of belonging. The town is known for its beautiful landscapes, including lush forests and stunning coastline views. The housing market in Petrolia, California, is diverse, with a mix of historic properties and modern homes. The median home price is affordable compared to other areas in California, making it an attractive option for first-time homebuyers. With the assistance of FHA loans, potential buyers can find their dream home in this picturesque town. Some main attractions in Petrolia include the breathtaking Mattole Beach, perfect for outdoor enthusiasts and beach lovers. The Lost Coast Trail offers stunning hiking opportunities, showcasing the town's natural beauty. Additionally, the historic Cape Mendocino Lighthouse is a must-visit for history buffs.
FHA Down Payment Assistance Home Loan in Petrolia, California
