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 Poway, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Poway, CA provides a financial boost to eligible homebuyers in Poway, 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 Poway, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Poway, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Poway, 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 Poway, 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 Poway, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Poway, 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 Poway, 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 Poway, 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 Poway, California offers numerous benefits such as lower down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. This makes homeownership more accessible to a wider range of individuals and families. The demographics of Poway, California, show a diverse population with a mix of families, young professionals, and retirees. The city boasts excellent schools, a strong sense of community, and a high quality of life for its residents. The housing market in Poway, California, is thriving, with a steady increase in property values and a range of housing options available. The FHA Down Payment Assistance Home Loan provides an excellent opportunity for first-time homebuyers and those looking to upgrade to a new property. Main attractions in Poway, California, include the beautiful Lake Poway, hiking trails in the nearby mountains, and the popular Old Poway Park. With its close proximity to San Diego, residents of Poway enjoy easy access to city amenities while still enjoying a peaceful suburban lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in Poway, California
