Unlock Your Homeownership Dreams with FHA Down Payment Assistance in San Dimas, 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 Dimas, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in San Dimas, CA?

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

Key Features of Our FHA Down Payment Assistance in San Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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 Dimas, 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.

Get in Touch

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

FHA Down Payment Assistance Home Loan in San Dimas, California

The FHA Down Payment Assistance Home Loan in San Dimas, California offers numerous benefits to homebuyers. One major advantage is the lower down payment requirement, making homeownership more accessible. Additionally, these loans often come with competitive interest rates, helping buyers save money over the life of the loan. The FHA program also provides options for borrowers with less-than-perfect credit, opening up the possibility of homeownership to a wider range of individuals.

San Dimas, located in Los Angeles County, has a diverse population with a mix of families, professionals, and retirees. The city boasts a strong sense of community and offers various amenities such as parks, shopping centers, and restaurants. The neighborhood is known for its top-rated schools, making it an attractive location for families looking to settle down.

In terms of the housing market, San Dimas has a stable real estate environment. The city offers a range of housing options, from single-family homes to condos. The market is competitive but relatively balanced, providing opportunities for both buyers and sellers. With the FHA Down Payment Assistance Program, potential homebuyers can take advantage of the market and find their dream home in San Dimas.

Main attractions in San Dimas include the beautiful Bonelli Regional Park, where residents can enjoy outdoor activities such as hiking, fishing, and picnicking. The city is also home to the Raging Waters waterpark, a popular destination for families during the summer months. Additionally, the historic downtown area offers a charming setting for shopping and dining, adding to the overall appeal of living in San Dimas.

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