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 Soda Springs, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Soda Springs, CA provides a financial boost to eligible homebuyers in Soda Springs, 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 Soda Springs, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Soda Springs, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Soda Springs, 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 Soda Springs, 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 Soda Springs, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Soda Springs, 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 Soda Springs, 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 Soda Springs, 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 loans provide opportunities for first-time homebuyers with limited savings to purchase homes with lower down payments, making homeownership more feasible. This loan option typically offers competitive interest rates and flexible credit requirements, making it accessible to a broader range of potential buyers. Borrowers may also benefit from counseling services that help them understand the homebuying process and maintain their homes in the long run. Demographics of Soda Springs, CA Soda Springs, California, has a population of approximately X residents, with a median age of X years and a median household income of $X. Housing Market in Soda Springs, CA The housing market in Soda Springs offers a diverse range of properties, including single-family homes, condos, and cabins, with prices ranging from $X to $X. Main Attractions in Soda Springs, CA Soda Springs is known for its picturesque natural surroundings, offering outdoor activities such as hiking, skiing, and fishing. Donner Summit and Royal Gorge Cross Country Ski Resort are popular destinations for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan
