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 Placerville, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Placerville, CA provides a financial boost to eligible homebuyers in Placerville, 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 Placerville, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Placerville, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Placerville, 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 Placerville, 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 Placerville, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Placerville, 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 Placerville, 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 Placerville, 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 Placerville, California provides various benefits to potential homebuyers. This program allows individuals to purchase a home with a lower down payment than traditional loans, making homeownership more accessible and affordable. Demographics of Placerville show a diverse community with a population of approximately 10,389. The town has a mix of young professionals, families, and retirees, contributing to a vibrant and inclusive environment. The housing market in Placerville is stable, with a median home value of $402,000. The availability of FHA Down Payment Assistance Home Loan options further boosts the real estate market by encouraging more buyers to invest in properties. Main attractions in Placerville include the historic downtown area, offering unique shops and restaurants, as well as outdoor recreational activities like hiking in the El Dorado National Forest and exploring the nearby wineries in the Sierra Foothills.
Benefits of FHA Down Payment Assistance Home Loan in Placerville, California
