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 Placentia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Placentia, CA provides a financial boost to eligible homebuyers in Placentia, 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 Placentia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Placentia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Placentia, 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 Placentia, 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 Placentia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Placentia, 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 Placentia, 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 Placentia, 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.
An FHA Down Payment Assistance Home Loan in Placentia, California can be a great option for first-time homebuyers and those with limited funds for a down payment. One of the key benefits is the lower down payment requirement, allowing buyers to purchase a home with as little as 3.5% down. Placentia, California, is a diverse city with a population that includes a mix of families, young professionals, and retirees. The city's demographics showcase a blend of cultures and backgrounds, creating a vibrant community with a variety of amenities and services. The housing market in Placentia offers a range of options, from single-family homes to townhouses and condos. The market has shown stability in recent years, with moderate appreciation rates. The availability of FHA Down Payment Assistance programs can make homeownership more accessible for buyers in this competitive market. Placentia is known for its parks, restaurants, and shopping centers. The city also has a rich history, with attractions like the George Key Ranch Historic Park, offering a glimpse into the area's past. With its convenient location near major highways and attractions, Placentia provides residents with a desirable and comfortable place to live.
FHA Down Payment Assistance Home Loan in Placentia, California
