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 Reedley, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Reedley, CA provides a financial boost to eligible homebuyers in Reedley, 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 Reedley, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Reedley, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Reedley, 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 Reedley, 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 Reedley, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Reedley, 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 Reedley, 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 Reedley, 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 Loan in Reedley, California offers a range of benefits to home buyers, including lower down payment requirements, competitive interest rates, and less stringent credit score requirements. These programs can help make homeownership more attainable for first-time buyers and those with limited savings. Reedley, California, a charming city located in the San Joaquin Valley, has a diverse population with a rich agricultural heritage. The city's demographic makeup includes a mix of Hispanic, Caucasian, and Asian residents, contributing to a vibrant community atmosphere. The housing market in Reedley, California, is currently experiencing steady growth, with a range of housing options available to suit different budgets and preferences. The median home price in Reedley is competitive compared to neighboring cities, making it an attractive location for home buyers seeking affordability and convenience. Reedley boasts various main attractions, such as the Reedley Opera House, a historic landmark dating back to the early 1900s, and the Reedley Museum, which showcases the city's fascinating history. The nearby Kings River offers opportunities for outdoor recreation, including fishing, boating, and picnicking.
Benefits of FHA Down Payment Assistance Home Loan in Reedley, California
