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 Pomona, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pomona, CA provides a financial boost to eligible homebuyers in Pomona, 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 Pomona, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pomona, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pomona, 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 Pomona, 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 Pomona, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pomona, 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 Pomona, 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 Pomona, 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.
Utilizing a FHA Down Payment Assistance Home Loan in Pomona, California comes with a myriad of benefits. One of the key advantages is the lower down payment requirement, making homeownership more accessible for first-time buyers or those with limited funds. Additionally, these loans often have competitive interest rates, further reducing the overall cost of purchasing a home. Pomona, California, boasts a diverse demographic profile with a mix of cultures and backgrounds. The city is known for its vibrant community, with a significant Hispanic and Latino population contributing to its rich tapestry of traditions and celebrations. The housing market in Pomona offers a range of opportunities for prospective buyers. With the assistance of a FHA loan, individuals can explore various options in different neighborhoods, from historic homes to modern developments. The market presents a mix of single-family houses, townhomes, and condos suitable for individuals, families, or investors. Aside from its housing opportunities, Pomona features a variety of attractions for residents and visitors alike. From the iconic Fairplex and Pomona College to the scenic Bonelli Regional Park, the city offers a blend of cultural, educational, and outdoor recreational experiences that cater to diverse interests.
Benefits of FHA Down Payment Assistance Home Loan in Pomona, California
