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 Redway, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Redway, CA provides a financial boost to eligible homebuyers in Redway, 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 Redway, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Redway, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Redway, 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 Redway, 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 Redway, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Redway, 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 Redway, 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 Redway, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers benefits such as low down payment requirements, competitive interest rates, and flexible credit guidelines, making homeownership more accessible. Demographics: Redway, California, has a population of approximately 1,300 residents. The community is known for its diversity, with a mix of families, retirees, and young professionals. The median household income is above the national average, offering economic stability to its residents. Housing Market: The housing market in Redway is characterized by a mix of single-family homes and small to mid-sized properties. The median home price is affordable compared to surrounding areas, making it an attractive location for first-time homebuyers. The market has shown steady growth over the years, providing stability to homeowners. Main Attractions: Redway is surrounded by natural beauty, with attractions such as Richardson Grove State Park and Humboldt Redwoods State Park offering outdoor recreational activities. The community also boasts a vibrant arts and cultural scene, with local galleries and theaters showcasing the region's creativity.
FHA Down Payment Assistance Home Loan in Redway, California
