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 Scott Bar, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Scott Bar, CA provides a financial boost to eligible homebuyers in Scott Bar, 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 Scott Bar, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Scott Bar, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Scott Bar, 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 Scott Bar, 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 Scott Bar, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Scott Bar, 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 Scott Bar, 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 Scott Bar, 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 in Scott Bar, California provides eligible homebuyers with a lower down payment requirement, making homeownership more accessible. This type of loan also offers competitive interest rates, ensuring affordable monthly payments for the residents of Scott Bar. In terms of demographics, Scott Bar is a small, tight-knit community in Siskiyou County, with a population of around 50 residents. The town has a rich history dating back to the Gold Rush era, contributing to its unique charm and character. As for the housing market, Scott Bar offers a mix of historic homes and newer constructions, providing diverse options for potential buyers. The market is relatively stable, with steady appreciation rates, making it an attractive location for both investors and homebuyers. Some of the main attractions in Scott Bar include the historic Scott Bar Saloon, known for its local events and live music nights. Outdoor enthusiasts can enjoy the nearby Klamath River for fishing and water activities, while history buffs can explore the town's Gold Rush heritage at the Scott Bar Museum.
FHA Down Payment Assistance Home Loan Benefits in Scott Bar, California
