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 Rosa, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Rosa, CA provides a financial boost to eligible homebuyers in Santa Rosa, 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 Rosa, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Rosa, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Rosa, 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 Rosa, 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 Rosa, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Rosa, 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 Rosa, 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 Rosa, 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 Santa Rosa, California offer numerous benefits to first-time homebuyers. These loans provide a low down payment option, typically as low as 3.5% of the purchase price, making home ownership more achievable for many individuals and families. Demographically, Santa Rosa is a diverse city with a population that includes a mix of young professionals, families, and retirees. The city boasts a strong sense of community and offers a variety of cultural events, parks, and recreational activities for residents of all ages. In terms of the housing market, Santa Rosa has seen steady growth in recent years. The city offers a range of housing options, from historic homes to modern developments, providing opportunities for buyers with different preferences and budgets. Some of the main attractions in Santa Rosa include the Luther Burbank Home & Gardens, the Charles M. Schulz Museum, and the stunning vineyards of Sonoma County. Residents also enjoy easy access to outdoor activities such as hiking, biking, and kayaking in the nearby Russian River.
FHA Down Payment Assistance Home Loan Benefits in Santa Rosa, California
