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 Riverside, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Riverside, CA provides a financial boost to eligible homebuyers in Riverside, 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 Riverside, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Riverside, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Riverside, 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 Riverside, 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 Riverside, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Riverside, 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 Riverside, 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 Riverside, 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 Down Payment Assistance Home Loan programs in Riverside, California offer a way for first-time homebuyers to achieve homeownership with lower down payments and competitive interest rates. This helps make buying a home more affordable and accessible to a wider range of individuals and families. Demographics: Riverside, California, is a diverse city with a population that includes a mix of young professionals, families, and retirees. The city has a strong sense of community and a variety of cultural influences, making it a vibrant place to live. Housing Market: The housing market in Riverside, California, is currently experiencing steady growth, with a good supply of affordable homes for sale. The FHA Down Payment Assistance Home Loan can help buyers take advantage of these opportunities and invest in their future. Main Attractions: Riverside, California, boasts a range of attractions, including the historic Mission Inn Hotel & Spa, Mount Rubidoux Park offering scenic views, and the March Field Air Museum. Residents can also enjoy the city's many parks, dining options, and cultural events.
FHA Down Payment Assistance Home Loan in Riverside, California
