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 Sonoma, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sonoma, CA provides a financial boost to eligible homebuyers in Sonoma, 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 Sonoma, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sonoma, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sonoma, 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 Sonoma, 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 Sonoma, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sonoma, 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 Sonoma, 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 Sonoma, 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.
Sonoma, California offers a unique opportunity for homebuyers with the Federal Housing Administration (FHA) Down Payment Assistance Home Loan program. This initiative provides several benefits, including lower down payment requirements, lower credit score thresholds, and competitive interest rates. These benefits make homeownership more accessible and affordable for individuals and families in Sonoma. Sonoma boasts a diverse demographic profile, with a mix of young professionals, families, and retirees. The area's population is known for its cultural richness and inclusivity. Residents enjoy a high quality of life, excellent schools, and access to a range of amenities and services, making Sonoma a desirable place to live for people of all backgrounds. The housing market in Sonoma, California, is dynamic and offers a variety of options for homebuyers. From charming historic properties to modern developments, Sonoma has something for everyone. The market is competitive yet stable, with steady appreciation rates and a strong demand for housing. With the FHA Down Payment Assistance Home Loan program, prospective buyers can find their dream home in this thriving real estate market. Sonoma is renowned for its picturesque vineyards, world-class wineries, and scenic landscapes. The area's main attractions include Sonoma Plaza, Jack London State Historic Park, and Sonoma Valley Regional Park. Residents and visitors alike can enjoy outdoor activities, cultural events, and culinary delights in this vibrant and welcoming community.
FHA Down Payment Assistance Home Loan Benefits in Sonoma, California
