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 Pismo Beach, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pismo Beach, CA provides a financial boost to eligible homebuyers in Pismo Beach, 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 Pismo Beach, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pismo Beach, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pismo Beach, 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 Pismo Beach, 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 Pismo Beach, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pismo Beach, 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 Pismo Beach, 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 Pismo Beach, 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 Loan in Pismo Beach, California provides a great opportunity for first-time homebuyers who may not have a large sum of money saved for a down payment. This program allows them to purchase a home with a lower down payment, making homeownership more accessible. Demographically, Pismo Beach is a charming coastal city with a population of around 7,500 residents. The city attracts a mix of young professionals, families, and retirees due to its beautiful beaches, pleasant climate, and unique small-town vibe. In terms of the housing market, Pismo Beach offers a range of options from cozy beachfront condos to spacious family homes. The market is competitive yet stable, with a median home value of around $900,000. The FHA Down Payment Assistance program can help buyers navigate this market and fulfill their homeownership dreams. When in Pismo Beach, don't miss out on exploring the famous Pismo Pier, indulging in fresh seafood at local restaurants, or enjoying outdoor activities like surfing, hiking, and ATV riding on the sand dunes. The city is also known for its annual Clam Festival and breathtaking sunsets.
Benefits of FHA Down Payment Assistance Home Loan in Pismo Beach, California
