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 Marino, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Marino, CA provides a financial boost to eligible homebuyers in San Marino, 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 Marino, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Marino, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Marino, 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 Marino, 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 Marino, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Marino, 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 Marino, 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 Marino, 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 a FHA Down Payment Assistance Home Loan in San Marino, California comes with various benefits. This type of loan offers a lower down payment requirement, making homeownership more accessible to individuals who may not have substantial savings for a traditional down payment. Additionally, FHA loans often have competitive interest rates and flexible qualification requirements, making them an attractive option for first-time homebuyers. San Marino, California, known for its affluent community, boasts a population with a median household income well above the national average. The city also offers excellent school districts, making it an ideal location for families looking to settle down. With a relatively low crime rate and a strong sense of community, San Marino provides a safe and desirable living environment. The housing market in San Marino, California, is characterized by high property values and a competitive real estate landscape. Despite the premium prices, the city's real estate market remains robust, with a mix of historic estates and modern luxury homes. The demand for housing in San Marino is consistently high, reflecting the city's desirability and strong investment potential. San Marino, California, features several main attractions that add to its charm and appeal. The Huntington Library, Art Museum, and Botanical Gardens are popular destinations, offering a rich cultural experience with stunning gardens and art collections. Lacy Park provides recreational opportunities with picturesque grounds, making it a favorite spot for outdoor activities and community events.
FHA Down Payment Assistance Home Loan Benefits in San Marino, California
