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 Scotts Valley, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Scotts Valley, CA provides a financial boost to eligible homebuyers in Scotts Valley, 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 Scotts Valley, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Scotts Valley, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, 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 (DPA) home loans in Scotts Valley, California offer various benefits to homebuyers. These loans provide a lower down payment requirement, making homeownership more accessible. With DPA, buyers can secure financing with a down payment as low as 3.5%, allowing more individuals and families to achieve their dream of owning a home. Scotts Valley, California, boasts a diverse demographic profile with a mix of young professionals, families, and retirees. The city's population is known for its educational attainment and high household incomes, creating a vibrant community that values education, culture, and sustainability. The housing market in Scotts Valley is dynamic, offering a mix of single-family homes, townhouses, and condominiums. The market is competitive, with a median home price that has been steadily increasing over the years. The availability of FHA DPA loans makes it easier for buyers to navigate the market and purchase their ideal home. Scotts Valley features a range of attractions, including beautiful parks, hiking trails, and recreational facilities like the Scotts Valley Sports Complex. The city's proximity to the coast and redwood forests also provides residents with numerous outdoor activities and scenic landscapes to explore.
FHA Down Payment Assistance Home Loan Benefits in Scotts Valley, California
