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 Planada, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Planada, CA provides a financial boost to eligible homebuyers in Planada, 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 Planada, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Planada, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Planada, 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 Planada, 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 Planada, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Planada, 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 Planada, 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 Planada, 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 loans offer lower down payment requirements, making homeownership more accessible to individuals with limited savings. The down payment assistance program helps buyers by providing funds for the down payment, closing costs, and other expenses, reducing the financial burden of purchasing a home. Demographics: Planada, California, has a diverse population with a mix of cultures and backgrounds. The community is known for its strong sense of unity and pride, making it an ideal place for families and individuals looking for a close-knit neighborhood. Housing Market: Planada's housing market offers a range of affordable options for first-time homebuyers. With the assistance of FHA loans, prospective buyers can explore a variety of properties, from cozy single-family homes to spacious townhouses, all within reach of local amenities and services. Main Attractions: Planada boasts beautiful parks, recreational facilities, and cultural landmarks. Residents can enjoy outdoor activities, community events, and local eateries, creating a vibrant and engaging environment for families and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Planada, California
