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 Shasta, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shasta, CA provides a financial boost to eligible homebuyers in Shasta, 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 Shasta, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shasta, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shasta, 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 Shasta, 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 Shasta, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shasta, 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 Shasta, 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 Shasta, 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 Loan in Shasta, California provides a lower barrier to entry into the housing market, allowing individuals or families who may not have a large sum saved for a down payment to still achieve homeownership. With this program, borrowers can benefit from lower down payment requirements, competitive interest rates, and flexible credit score thresholds. This makes it a viable option for first-time homebuyers or those with less-than-perfect credit history. Furthermore, FHA loans offer the option for down payment assistance, which can further reduce the upfront costs associated with buying a home, making it a more affordable and achievable goal for many. Demographics Shasta, California has a diverse population with a mix of age groups and backgrounds. The city is known for its strong sense of community and welcoming atmosphere, making it an ideal place to settle down and raise a family. Housing Market The housing market in Shasta, California is currently experiencing steady growth, with a range of housing options available to suit different budgets and preferences. The FHA Down Payment Assistance Home Loan program can make these homes more accessible to a wider range of buyers. Main Attractions Shasta, California is home to scenic beauty, such as Shasta Lake and the nearby mountains, providing ample opportunities for outdoor activities like hiking, boating, and fishing. The city also boasts a vibrant arts and cultural scene, with museums, galleries, and local events that showcase the rich heritage of the region.
Benefits of FHA Down Payment Assistance Home Loan in Shasta, California
