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 Clemente, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Clemente, CA provides a financial boost to eligible homebuyers in San Clemente, 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 Clemente, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Clemente, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Clemente, 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 Clemente, 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 Clemente, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Clemente, 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 Clemente, 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 Clemente, 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: 1. Lower down payment requirements make home ownership more accessible. 2. Reduced interest rates compared to conventional loans. 3. Ideal for first-time homebuyers or those with less-than-perfect credit. Demographics: San Clemente, California, is a coastal city located in Orange County. It has a population of approximately 65,000 residents, with a mix of young professionals, families, and retirees. The median household income is above the national average, making it an attractive place to live. Housing Market: The housing market in San Clemente offers a variety of options, including beachfront properties, suburban homes, and condos. With the assistance of FHA loans, more potential buyers can enter the market, increasing demand and property values. Main Attractions: San Clemente is known for its beautiful beaches, including popular spots like San Clemente State Beach and Trestles. The city also boasts a vibrant downtown area with shops, restaurants, and art galleries. Outdoor enthusiasts can enjoy hiking trails in the nearby hills and parks.
FHA Down Payment Assistance Home Loan in San Clemente, California
