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 Riverdale, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Riverdale, CA provides a financial boost to eligible homebuyers in Riverdale, 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 Riverdale, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Riverdale, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Riverdale, 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 Riverdale, 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 Riverdale, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Riverdale, 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 Riverdale, 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 Riverdale, 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 Riverdale, California offer numerous benefits for first-time homebuyers and those with limited resources. These loans require lower down payments, making homeownership more accessible. Additionally, FHA loans offer competitive interest rates and flexible qualification requirements, making them an attractive option for many buyers. Demographics: Riverdale, California, is a diverse community with a mix of residents from various ethnic backgrounds. The population consists of young families, professionals, and retirees, creating a vibrant and inclusive atmosphere. The town has a strong sense of community and offers various amenities to cater to residents of all ages. Housing Market: Riverdale's housing market is characterized by a mix of single-family homes, townhouses, and apartments. The market is competitive, with a steady demand for housing due to the town's desirable location and amenities. With the assistance of FHA loans, more buyers can enter the market and find affordable housing options that meet their needs. Main Attractions: Riverdale, California, boasts a range of attractions for residents and visitors alike. The town is known for its beautiful parks, hiking trails, and recreational facilities, making it an ideal place for outdoor enthusiasts. Additionally, Riverdale is home to a variety of local shops, restaurants, and cultural venues that showcase the town's unique charm and character.
Benefits of FHA Down Payment Assistance Home Loan in Riverdale, California
