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 Marcos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Marcos, CA provides a financial boost to eligible homebuyers in San Marcos, 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 Marcos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Marcos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Marcos, 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 Marcos, 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 Marcos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Marcos, 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 Marcos, 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 Marcos, 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.
FHA Down Payment Assistance Home Loans in San Marcos, California provide a great opportunity for first-time homebuyers or those with limited financial resources to achieve their dream of homeownership. These loans offer low down payment options, flexible credit requirements, and competitive interest rates, making them accessible to a wider range of individuals. San Marcos, California, is a diverse and vibrant city located in the heart of North County San Diego. With a population of around 100,000 residents, the city offers a mix of urban amenities and natural beauty. The demographic makeup of San Marcos includes a blend of young professionals, families, and retirees, creating a dynamic and inclusive community. The housing market in San Marcos, California, is competitive yet diverse, with a range of property types available to homebuyers. From cozy townhomes to spacious single-family residences, there is something for everyone in this bustling real estate market. With the help of FHA Down Payment Assistance Home Loans, buyers can navigate the market more confidently and secure their ideal home. Some main attractions in San Marcos include the picturesque Lake San Marcos, where residents can enjoy boating and fishing, as well as the vibrant Old California Restaurant Row, a popular dining and entertainment destination. Additionally, the city's numerous parks, hiking trails, and proximity to the coast make it a desirable place to live for those seeking an active and outdoor lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in San Marcos, California
