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 Shaver Lake, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shaver Lake, CA provides a financial boost to eligible homebuyers in Shaver 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 Shaver Lake, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shaver Lake, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shaver 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 Shaver 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 Shaver Lake, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shaver 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 Shaver 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 Shaver 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.
The FHA Down Payment Assistance Home Loan provides opportunities for individuals and families in Shaver Lake, California, to realize the dream of homeownership by offering low down payment options. Demographics of Shaver Lake include a population of around 600 residents, with a median age of 49 years. The area boasts a high percentage of homeownership, indicating stability and a sense of community. The housing market in Shaver Lake is competitive yet diverse, featuring a mix of single-family homes and charming cabins. The FHA loan option can make these properties more accessible to potential buyers. Main attractions in Shaver Lake include the scenic Shaver Lake itself, offering activities such as fishing and boating. The surrounding Sierra National Forest provides ample opportunities for outdoor recreation, making it an ideal location for nature lovers.
Benefits of FHA Down Payment Assistance Home Loan in Shaver Lake, California
