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 Rancho Cordova, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rancho Cordova, CA provides a financial boost to eligible homebuyers in Rancho Cordova, 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 Rancho Cordova, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rancho Cordova, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, 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.
Obtaining an FHA down payment assistance home loan in Rancho Cordova, California comes with a range of advantages. One of the key benefits is the opportunity for individuals with lower income or limited savings to become homeowners. The assistance provided by the Federal Housing Administration helps reduce the upfront costs, making home ownership more accessible to a wider range of individuals. Rancho Cordova, California, has a diverse demographic composition, with a mix of families, young professionals, and retirees. The city offers a range of amenities and services to cater to residents of all ages and backgrounds. With a strong sense of community, Rancho Cordova prides itself on being a welcoming and inclusive place to live. The housing market in Rancho Cordova is dynamic and offers a range of options to potential buyers. With the assistance of FHA loans, more individuals can take advantage of the opportunities in the market. The median home price in Rancho Cordova is competitive compared to neighboring areas, making it an attractive location for first-time homebuyers and those looking to invest in real estate.
The Benefits of FHA Down Payment Assistance Home Loan in Rancho Cordova, California
