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 Shafter, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shafter, CA provides a financial boost to eligible homebuyers in Shafter, 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 Shafter, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shafter, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shafter, 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 Shafter, 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 Shafter, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shafter, 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 Shafter, 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 Shafter, 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.
One of the key benefits of an FHA down payment assistance home loan in Shafter, California is the lower down payment requirement. With this type of loan, eligible buyers can purchase a home with as little as 3.5% down, making homeownership more accessible and affordable. Another advantage is the lenient credit score requirements. FHA loans are known for being more forgiving when it comes to credit scores, allowing individuals with less-than-perfect credit to still qualify for financing. Furthermore, FHA loans offer competitive interest rates, helping buyers save money in the long run. This can make a significant difference in the total cost of homeownership over the life of the loan. Demographics of Shafter, California Shafter, located in the San Joaquin Valley, has a diverse population with a mix of cultural backgrounds. The city has a strong sense of community, making it an ideal place for families and individuals alike. Housing Market in Shafter, California The housing market in Shafter is currently experiencing steady growth, with a range of housing options available to buyers. From single-family homes to townhouses and condos, there is something for every budget and preference. Main Attractions in Shafter, California Shafter is known for its beautiful parks and outdoor recreational opportunities. The city also boasts a vibrant downtown area with local shops and restaurants, as well as easy access to nearby attractions such as the Sequoia National Forest.
Benefits of FHA Down Payment Assistance Home Loan in Shafter, California
