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 Silverado, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Silverado, CA provides a financial boost to eligible homebuyers in Silverado, 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 Silverado, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Silverado, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Silverado, 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 Silverado, 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 Silverado, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Silverado, 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 Silverado, 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 Silverado, 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.
Getting an FHA Down Payment Assistance Home Loan in Silverado, California can provide numerous advantages such as lower down payment requirements, competitive interest rates, and easier qualification criteria. This option can make homeownership more accessible to a wider range of individuals and families. Demographically, Silverado, California, is a diverse community with a mix of different age groups and ethnicities. The area is known for its family-friendly environment, excellent schools, and a strong sense of community. Many residents enjoy the peaceful and scenic surroundings that Silverado offers. In terms of the housing market, Silverado, California, has experienced steady growth in property values over the years. The real estate market is competitive, with a variety of housing options available from single-family homes to upscale apartments. The FHA Down Payment Assistance Home Loan program can be particularly beneficial for first-time homebuyers looking to invest in this burgeoning market. Some of the main attractions in Silverado, California, include the beautiful hiking trails in the nearby canyons, vineyards offering wine tasting tours, and the Silverado Country Club for golf enthusiasts. Residents also have easy access to the cultural amenities and dining options in nearby cities like Napa and San Francisco.
Benefits of FHA Down Payment Assistance Home Loan in Silverado, California
