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 Redding, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Redding, CA provides a financial boost to eligible homebuyers in Redding, 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 Redding, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Redding, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Redding, 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 Redding, 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 Redding, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Redding, 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 Redding, 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 Redding, 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.
FHA Down Payment Assistance Home Loans offer numerous benefits in Redding, California. These loans require low down payments, making them accessible to more homebuyers. They also have competitive interest rates and are easier to qualify for compared to conventional loans. Additionally, FHA loans allow for higher debt-to-income ratios, providing flexibility for borrowers. Redding, California, is a vibrant city with a diverse demographic profile. The population consists of various age groups, with a growing number of young families attracted to the area. The city is known for its strong sense of community, with a mix of urban amenities and outdoor recreational opportunities, making it an ideal place to settle down. The housing market in Redding, California, offers a range of options for potential homebuyers. With the help of FHA Down Payment Assistance Home Loans, individuals can explore affordable housing opportunities in the city. The market is experiencing steady growth, providing stability for both buyers and sellers. Redding, California, boasts a variety of main attractions that appeal to residents and visitors alike. From the scenic beauty of the Sundial Bridge and Turtle Bay Exploration Park to the outdoor adventure opportunities at Whiskeytown National Recreation Area, Redding offers a high quality of life for its residents.
FHA Down Payment Assistance Home Loan Benefits in Redding, California
