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 Lake, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shasta Lake, CA provides a financial boost to eligible homebuyers in Shasta Lake, 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 Lake, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shasta Lake, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shasta Lake, 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 Lake, 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 Lake, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shasta Lake, 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 Lake, 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 Lake, 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.
An FHA Down Payment Assistance Home Loan in Shasta Lake, California offers several benefits to potential homebuyers. The program helps individuals with lower credit scores or limited savings to achieve their dream of homeownership by providing financial assistance for the down payment. Demographics: Shasta Lake, California, is a diverse community with a population of approximately 10,000 residents. The city's demographic makeup includes a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. Housing Market: Shasta Lake's housing market is currently experiencing steady growth, with a range of affordable housing options available for buyers. The FHA loan program, combined with down payment assistance, makes buying a home in Shasta Lake more accessible to individuals and families seeking to invest in real estate. Main Attractions: Shasta Lake is renowned for its natural beauty and outdoor recreational opportunities. Residents and visitors can enjoy activities such as boating, fishing, hiking, and exploring nearby attractions like the Shasta Dam and the Whiskeytown National Recreation Area.
Benefits of FHA Down Payment Assistance Home Loan
