Unlock Your Homeownership Dreams with FHA Down Payment Assistance in San Bruno, CA

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 San Bruno, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in San Bruno, CA?

Our Down Payment Assistance program in San Bruno, CA provides a financial boost to eligible homebuyers in San Bruno, 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.

Forgivable grant for FHA loans in San Bruno, CA

Key Features of Our FHA Down Payment Assistance in San Bruno, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in San Bruno, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in San Bruno, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in San Bruno, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in San Bruno, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in San Bruno, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in San Bruno, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in San Bruno, 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.

First-time homebuyer FHA assistance in San Bruno, CA
Start Your Journey Today

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 San Bruno, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in San Bruno, California

Benefits of FHA Down Payment Assistance Home Loan: FHA loans offer low down payment options, making homeownership more accessible. The down payment assistance programs further help buyers by providing financial support for the initial deposit, reducing the burden on the buyer.

Demographics: San Bruno, California, is a diverse city with a mix of residents from various ethnic backgrounds. The population includes a significant number of young professionals and families attracted to the area's employment opportunities and vibrant community.

Housing Market: The housing market in San Bruno offers a range of options from single-family homes to modern apartments. With the assistance of FHA loans and down payment programs, more individuals and families can afford to buy homes in this desirable location.

Main Attractions: San Bruno is home to attractions such as the beautiful San Bruno Mountain State Park, offering hiking trails and stunning views. The city also boasts excellent shopping and dining options, making it a desirable place to live for residents of all ages.

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