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 Salton City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Salton City, CA provides a financial boost to eligible homebuyers in Salton City, 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 Salton City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Salton City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Salton City, 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 Salton City, 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 Salton City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Salton City, 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 Salton City, 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 Salton City, 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 of an FHA Down Payment Assistance Home Loan: The FHA program allows for a lower down payment, making homeownership more accessible. It also offers competitive interest rates and lenient credit requirements, making it ideal for first-time homebuyers. Demographics of Salton City: Salton City has a diverse population with a mix of young families, retirees, and working professionals. The community is known for its friendly atmosphere and tight-knit neighborhoods. Housing Market in Salton City: The housing market in Salton City offers a range of affordable options, from cozy single-family homes to spacious waterfront properties. With the FHA Down Payment Assistance program, buyers can find the perfect home without breaking the bank. Main Attractions in Salton City: Salton Sea, a saline, endorheic rift lake, is a popular spot for water activities and bird watching. The Sonny Bono Salton Sea National Wildlife Refuge is a must-visit for nature enthusiasts. Additionally, the Salton City Marina provides opportunities for boating and fishing.
FHA Down Payment Assistance Home Loan in Salton City, California
