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 Miguel, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Miguel, CA provides a financial boost to eligible homebuyers in San Miguel, 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 Miguel, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Miguel, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Miguel, 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 Miguel, 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 Miguel, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Miguel, 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 Miguel, 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 Miguel, 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.
Benefits of FHA Down Payment Assistance Home Loan: For first-time home buyers in San Miguel, California, an FHA Down Payment Assistance Home Loan provides a low down payment option, making homeownership more accessible. This loan offers competitive interest rates and lenient credit score requirements, ideal for those with limited savings. Demographics: San Miguel is a small, diverse community in California, with a population of approximately 2,300 residents. The town has a mix of families, young professionals, and retirees, creating a welcoming and vibrant atmosphere. Housing Market: The housing market in San Miguel is stable, with a median home price of $400,000. The availability of FHA Down Payment Assistance Home Loans has contributed to an increase in homeownership rates in the area, attracting new residents seeking affordable housing options. Main Attractions: San Miguel is known for its historic missions, beautiful vineyards, and scenic countryside. Residents and visitors can enjoy wine tasting tours, hiking trails, and vibrant local events that showcase the rich culture and charm of the town.
FHA Down Payment Assistance Home Loan in San Miguel, California
