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 Rescue, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rescue, CA provides a financial boost to eligible homebuyers in Rescue, 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 Rescue, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rescue, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rescue, 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 Rescue, 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 Rescue, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rescue, 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 Rescue, 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 Rescue, 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 in Rescue, California offer several benefits to potential homeowners. One of the primary advantages is the lower down payment requirement, making home ownership more accessible. These loans also come with competitive interest rates, making them a cost-effective option for many buyers. In terms of demographics, Rescue, California is a picturesque community located in El Dorado County. It has a diverse population with a mix of families, young professionals, and retirees. The area boasts a high quality of life, excellent schools, and a strong sense of community. The housing market in Rescue, California is stable and offers a variety of housing options to suit different preferences and budgets. Whether you are looking for a spacious family home or a cozy starter property, there are choices available. The availability of FHA Down Payment Assistance Home Loans further enhances the affordability and accessibility of homeownership in the area. Some main attractions in Rescue, California include the beautiful Cameron Park Lake, where residents can enjoy picnicking, boating, and fishing. The community also has numerous parks, trails, and recreational facilities. Additionally, residents benefit from easy access to nearby wineries, shopping centers, and dining establishments.
Benefits of FHA Down Payment Assistance Home Loan in Rescue, California
