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 Martin, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Martin, CA provides a financial boost to eligible homebuyers in San Martin, 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 Martin, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Martin, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Martin, 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 Martin, 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 Martin, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Martin, 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 Martin, 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 Martin, 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.
In San Martin, California, residents can benefit from FHA Down Payment Assistance Home Loans, which provide a way for individuals and families to achieve homeownership with a lower initial cash outlay. This program helps make buying a home more affordable by offering lower down payment requirements and flexible credit guidelines. Demographically, San Martin is a diverse community with a mix of residents from various backgrounds. The town is known for its welcoming atmosphere and strong sense of community, making it an ideal place for families and individuals looking to settle down and establish roots. The housing market in San Martin is currently showing steady growth, with a range of housing options available to suit different preferences and budgets. The FHA Down Payment Assistance Home Loan can help prospective buyers navigate the market more easily and find a home that meets their needs. Some main attractions in San Martin include the picturesque hiking trails in nearby Henry W. Coe State Park, the charming downtown area with local shops and restaurants, and the vibrant community events that take place throughout the year, bringing residents together in celebration.
FHA Down Payment Assistance Home Loan Benefits in San Martin, CA
