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 Ross, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ross, CA provides a financial boost to eligible homebuyers in Ross, 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 Ross, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ross, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ross, 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 Ross, 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 Ross, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ross, 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 Ross, 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 Ross, 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.
1. Lower Down Payment: One of the primary benefits of an FHA loan is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes homeownership more accessible to a wider range of buyers. 2. Easier Qualification Criteria: FHA loans are more lenient in terms of credit score requirements and debt-to-income ratios, making them a good option for first-time homebuyers or those with less-than-perfect credit. 3. Assistance Programs: FHA loans offer various down payment assistance programs, grants, and gifts, making it easier for buyers to cover their upfront costs and move into their new homes smoothly. Demographics in Ross, California With a population of approximately 2,000 residents, Ross is a small, affluent town in Marin County, California. It is known for its charming, tree-lined streets, upscale housing, and a strong sense of community. Housing Market in Ross, California The housing market in Ross is highly competitive, with a median home value well above the national average. The area is predominantly made up of single-family homes, many of which boast stunning views, spacious lots, and luxurious amenities. Main Attractions in Ross, California Some of the main attractions in Ross include the Marin Art & Garden Center, Phoenix Lake, and the nearby Mount Tamalpais State Park, offering residents plenty of opportunities for outdoor recreation and cultural enrichment.
Benefits of FHA Down Payment Assistance Home Loan in Ross, California
