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 Jose, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Jose, CA provides a financial boost to eligible homebuyers in San Jose, 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 Jose, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Jose, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Jose, 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 Jose, 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 Jose, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Jose, 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 Jose, 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 Jose, 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.
Obtaining an FHA Down Payment Assistance Home Loan in San Jose, California can be immensely advantageous for first-time home buyers. This type of loan allows individuals to buy a home with a lower down payment, making homeownership more accessible. San Jose, California, is a diverse city with a population that reflects this diversity. With a strong tech presence, the city attracts young professionals and families looking for job opportunities and a high quality of life. The housing market in San Jose, California, is competitive, with a high demand for homes and rising prices. However, with an FHA Down Payment Assistance Home Loan, prospective home buyers can navigate this market more effectively and secure their dream home. San Jose boasts a range of attractions, from the iconic Winchester Mystery House to the vibrant San Pedro Square Market. The city's proximity to natural beauty, such as the Santa Cruz Mountains, offers residents a perfect blend of urban amenities and outdoor activities.
Benefits of FHA Down Payment Assistance Home Loan in San Jose, California
