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 Simeon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Simeon, CA provides a financial boost to eligible homebuyers in San Simeon, 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 Simeon, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Simeon, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Simeon, 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 Simeon, 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 Simeon, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Simeon, 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 Simeon, 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 Simeon, 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 Simeon, California provide opportunities for first-time homebuyers to achieve their dream of homeownership with lower down payment requirements and more flexible credit standards. Demographics in San Simeon show a population that values coastal living and a close-knit community atmosphere. With a diverse mix of residents, the town embodies a welcoming and inclusive environment for families and individuals alike. The housing market in San Simeon offers a range of options, from charming coastal cottages to modern condos with ocean views. The availability of FHA Down Payment Assistance programs further enhances affordability for prospective buyers, making homeownership more accessible. Main attractions in San Simeon include the iconic Hearst Castle, a historic landmark that draws visitors from around the world. The town's picturesque beaches, hiking trails, and proximity to scenic coastal drives make it a desirable destination for residents and tourists seeking a relaxing coastal lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in San Simeon, California
