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 Sacramento, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sacramento, CA provides a financial boost to eligible homebuyers in Sacramento, 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 Sacramento, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sacramento, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sacramento, 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 Sacramento, 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 Sacramento, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sacramento, 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 Sacramento, 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 Sacramento, 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 offer numerous benefits to homebuyers in Sacramento. These loans provide a lower down payment option, making homeownership more accessible to first-time buyers. Additionally, they often have lower credit score requirements, aiding individuals with less than perfect credit in achieving their homeownership dreams. Demographically, Sacramento is a diverse city with a population that is steadily growing. The city boasts a mix of cultures and backgrounds, making it a vibrant and inclusive place to live. The median age in Sacramento is around 34 years old, showcasing a younger population compared to other cities in California. In terms of the housing market, Sacramento has experienced a steady increase in home prices over the past few years. However, with the help of FHA Down Payment Assistance Home Loans, potential buyers can navigate the competitive market more easily and secure a property that fits their needs and budget. Main attractions in Sacramento include the historic Old Sacramento Waterfront, offering a glimpse into the city's past, and the bustling Midtown district with its trendy restaurants and shops. Outdoor enthusiasts can enjoy the proximity to the American River Parkway, perfect for biking, hiking, and picnicking.
Benefits of FHA Down Payment Assistance Home Loan in Sacramento, California
