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 Redwood Estates, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Redwood Estates, CA provides a financial boost to eligible homebuyers in Redwood Estates, 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 Redwood Estates, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Redwood Estates, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Redwood Estates, 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 Redwood Estates, 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 Redwood Estates, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Redwood Estates, 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 Redwood Estates, 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 Redwood Estates, 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 FHA loans offer a lower down payment requirement, making home ownership more accessible to first-time buyers. Down payment assistance programs can further reduce the initial financial burden for qualifying individuals. Borrowers with less-than-perfect credit scores may still be eligible for FHA loans, expanding the pool of potential homeowners. Demographics Redwood Estates, California, is a small unincorporated community located in the Santa Cruz Mountains. The area is known for its tree-lined streets, rural charm, and a tight-knit community feel. Housing Market The housing market in Redwood Estates offers a mix of single-family homes, townhouses, and condominiums. Prices vary widely, with entry-level options for first-time buyers and luxury properties for those seeking upscale living. Main Attractions Redwood Estates is close to hiking and biking trails, wineries, and scenic overlooks, attracting outdoor enthusiasts. The community center hosts social events, farmers' markets, and local gatherings, fostering a strong sense of community.
FHA Down Payment Assistance Home Loan in Redwood Estates, California
