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 San Carlos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Carlos, CA provides a financial boost to eligible homebuyers in San Carlos, 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 San Carlos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Carlos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Carlos, 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 San Carlos, 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 San Carlos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Carlos, 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 San Carlos, 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 San Carlos, 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: The FHA Down Payment Assistance Home Loan in San Carlos, California offers eligible homebuyers a lower initial cash outlay, reduced interest rates, and relaxed credit requirements, making homeownership more accessible. Demographics: San Carlos, California, is a vibrant city with a diverse population. It has a mix of families, young professionals, and retirees, creating a welcoming community for all. Housing Market: San Carlos boasts a competitive housing market with a mix of luxurious single-family homes and modern condos. The FHA home loan program can help potential buyers navigate this market with ease. Main Attractions: San Carlos offers various attractions such as Burton Park, San Carlos Museum of History, and Laurel Street, known for its charming restaurants and shops, making it an ideal place to live and explore.
FHA Down Payment Assistance Home Loan in San Carlos, California
