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 Redcrest, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Redcrest, CA provides a financial boost to eligible homebuyers in Redcrest, 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 Redcrest, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Redcrest, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Redcrest, 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 Redcrest, 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 Redcrest, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Redcrest, 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 Redcrest, 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 Redcrest, 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 main benefits of an FHA Down Payment Assistance Home Loan in Redcrest, California is the lower down payment requirement, making homeownership more accessible to individuals who may not have large savings. Furthermore, FHA loans often have lower credit score requirements compared to conventional loans, making them a viable option for individuals with less-than-perfect credit histories. Another advantage is the ability to roll the closing costs into the loan, reducing the upfront costs associated with buying a home. Demographics Redcrest, California, is a small community with a population of approximately 250 residents. The town boasts a diverse population with a mix of families, retirees, and young professionals. Housing Market The housing market in Redcrest offers a variety of options including single-family homes, townhouses, and apartments. The median home price in Redcrest is around $250,000, making it an affordable option for first-time homebuyers. Main Attractions Redcrest is known for its beautiful redwood forests and proximity to outdoor recreational activities such as hiking, fishing, and camping. The town is also home to the Chandelier Tree, a famous drive-through redwood tree that attracts visitors from far and wide.
Benefits of FHA Down Payment Assistance Home Loan in Redcrest, California
