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 Cucamonga, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rancho Cucamonga, CA provides a financial boost to eligible homebuyers in Rancho Cucamonga, 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 Cucamonga, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rancho Cucamonga, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rancho Cucamonga, 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 Cucamonga, 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 Cucamonga, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rancho Cucamonga, 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 Cucamonga, 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 Cucamonga, 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.
Benefits: FHA Down Payment Assistance Home Loans in Rancho Cucamonga help first-time homebuyers by offering lower down payment requirements, competitive interest rates, and more lenient eligibility criteria compared to traditional loans. Demographics: Rancho Cucamonga, California, is a diverse city with a growing population of over 177,000 residents. The median age is 35 years, and the city is known for its diverse mix of cultures and backgrounds. Housing Market: The housing market in Rancho Cucamonga is vibrant, with a range of options from modern apartments to spacious single-family homes. The average home price is around $550,000, making it an attractive location for buyers looking for affordable housing near Los Angeles. Main Attractions: Rancho Cucamonga offers a range of attractions, including the Victoria Gardens shopping center, the Cucamonga-Guasti Regional Park, and the Pacific Electric Inland Empire Trail for outdoor enthusiasts. The city also has a lively dining scene and is known for its community events and festivals.
FHA Down Payment Assistance Home Loan in Rancho Cucamonga, CA