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 Red Bluff, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Red Bluff, CA provides a financial boost to eligible homebuyers in Red Bluff, 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 Red Bluff, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Red Bluff, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Red Bluff, 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 Red Bluff, 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 Red Bluff, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Red Bluff, 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 Red Bluff, 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 Red Bluff, 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.
One of the key benefits of an FHA down payment assistance home loan in Red Bluff, California is the lower down payment requirement. This can make homeownership more accessible to individuals who may not have a large amount of savings for a down payment. Additionally, FHA loans typically have more lenient credit score requirements compared to conventional loans, allowing individuals with less-than-perfect credit to qualify for a mortgage and purchase a home in Red Bluff. Furthermore, FHA loans offer competitive interest rates, providing borrowers with long-term savings on their mortgage payments over the life of the loan. Demographics Red Bluff, California, is a vibrant city with a population that is diverse in age, income levels, and cultural backgrounds. The community is known for its strong sense of unity and support for local businesses. Housing Market The housing market in Red Bluff, California, offers a mix of affordable properties for first-time homebuyers and upscale homes for those seeking luxury living. The market is stable, with a steady appreciation in property values over the years. Main Attractions Red Bluff is home to beautiful parks, such as William B. Ide Adobe State Historic Park, where residents can enjoy outdoor activities. The city also hosts events like the Tehama District Fair and the Red Bluff Round-Up, a famous rodeo event.
Benefits of FHA Down Payment Assistance Home Loan in Red Bluff, California
