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 Ynez, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Ynez, CA provides a financial boost to eligible homebuyers in Santa Ynez, 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 Ynez, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Ynez, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Ynez, 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 Ynez, 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 Ynez, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Ynez, 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 Ynez, 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 Ynez, 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.
The FHA Down Payment Assistance Home Loan program in Santa Ynez offers a unique opportunity for first-time homebuyers to secure financing with lower down payment requirements, making homeownership more accessible and affordable. Demographics of Santa Ynez, California, showcase a vibrant community with a mix of young professionals, families, and retirees. The area's diverse population contributes to a rich cultural tapestry and a strong sense of community. The housing market in Santa Ynez is competitive yet offers a range of options from modern condos to spacious single-family homes. With the assistance of FHA loans, prospective buyers can navigate the market more confidently and fulfill their homeownership dreams. Some main attractions in Santa Ynez include the picturesque vineyards of the Santa Ynez Valley, charming local boutiques and eateries, and outdoor recreational activities such as hiking and horseback riding in the nearby Los Padres National Forest.
FHA Down Payment Assistance Home Loan in Santa Ynez, California
