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 Santa Fe, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rancho Santa Fe, CA provides a financial boost to eligible homebuyers in Rancho Santa Fe, 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 Santa Fe, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rancho Santa Fe, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rancho Santa Fe, 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 Santa Fe, 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 Santa Fe, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rancho Santa Fe, 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 Santa Fe, 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 Santa Fe, 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.
An FHA down payment assistance home loan in Rancho Santa Fe, California offers a lower down payment requirement, typically around 3.5% of the purchase price, making homeownership more accessible to a wider range of buyers. Furthermore, FHA loans often have lower credit score requirements compared to conventional loans, allowing individuals with less-than-perfect credit scores to qualify for a mortgage and purchase a home in the desirable area of Rancho Santa Fe. This type of loan also offers competitive interest rates, making it an attractive option for first-time homebuyers or those looking to refinance their current mortgage to potentially lower their monthly payments or access equity for home improvements. Demographics: Rancho Santa Fe is an affluent community in San Diego County, known for its large estate properties, luxury amenities, and prestigious residents. The area attracts successful professionals, retirees, and families seeking a high-end yet relaxed lifestyle. Housing Market: The housing market in Rancho Santa Fe is characterized by luxury properties, large estates, and upscale amenities. While home prices can be high, the area offers a high quality of life, excellent schools, and a strong sense of community. Main Attractions: Rancho Santa Fe boasts beautiful golf courses, equestrian facilities, fine dining options, and upscale shopping centers. The community is also close to stunning beaches, hiking trails, and cultural attractions in San Diego, making it an ideal location for those who appreciate luxury living and outdoor activities.
Benefits of FHA Down Payment Assistance Home Loan in Rancho Santa Fe, California
