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 Redlands, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Redlands, CA provides a financial boost to eligible homebuyers in Redlands, 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 Redlands, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Redlands, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Redlands, 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 Redlands, 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 Redlands, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Redlands, 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 Redlands, 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 Redlands, 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 loans provide a great opportunity for first-time homebuyers in Redlands, California, by offering low down payment options. This assistance program allows individuals with less-than-perfect credit scores to qualify for a mortgage, making homeownership more accessible. Demographically, Redlands is a diverse city with a population that includes a mix of families, young professionals, and retirees. The city has a strong sense of community, with excellent educational institutions and recreational facilities, making it an attractive place to settle down. In terms of the housing market, Redlands offers a variety of housing options ranging from historic homes to modern developments. The market is currently experiencing steady growth, with property values appreciating over time. With the FHA Down Payment Assistance Home Loan, buyers can tap into these opportunities without a large upfront investment. Main attractions in Redlands include the beautiful Prospect Park, the historic Kimberly Crest House & Gardens, and the vibrant downtown area with its shops and restaurants. The city's proximity to natural attractions like Big Bear Lake and Joshua Tree National Park adds to its appeal.
Benefits of FHA Down Payment Assistance Home Loan in Redlands, California
