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 Santa Rita Park, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Rita Park, CA provides a financial boost to eligible homebuyers in Santa Rita Park, 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 Santa Rita Park, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Rita Park, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, 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: The FHA loan program offers lower down payment requirements, making homeownership more accessible. Additionally, borrowers may qualify for lower interest rates and can often include closing costs in the loan amount. Demographics: Santa Rita Park, California, is a diverse community with a mix of cultures and ethnicities. The population consists of families, young professionals, and retirees, creating a vibrant and inclusive neighborhood. Housing Market: The housing market in Santa Rita Park is competitive yet affordable. With the assistance of FHA loans, potential homeowners can find a range of housing options, from single-family homes to condominiums, suited to their needs and preferences. Main Attractions: Santa Rita Park is known for its beautiful parks, community events, and proximity to various amenities. Residents can enjoy outdoor activities, local markets, and cultural attractions, making it an ideal place to live and raise a family.
FHA Down Payment Assistance Home Loan in Santa Rita Park, California
