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 Soquel, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Soquel, CA provides a financial boost to eligible homebuyers in Soquel, 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 Soquel, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Soquel, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Soquel, 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 Soquel, 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 Soquel, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Soquel, 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 Soquel, 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 Soquel, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Soquel, California is the opportunity it provides to potential homebuyers who may not have enough saved for a traditional down payment. This loan program allows for a lower down payment requirement, making homeownership more accessible. Demographically, Soquel, California is a charming suburb with a diverse population. The community is known for its family-friendly atmosphere and strong sense of community. With a mix of young professionals, families, and retirees, Soquel offers a welcoming environment for people from all walks of life. In terms of the housing market, Soquel presents a mix of housing options ranging from cozy single-family homes to spacious condos. The real estate market in Soquel is competitive, with a steady growth in property values over the years. This makes it an attractive location for both buyers and investors looking to capitalize on the upward trend. Some of the main attractions in Soquel include the picturesque beaches, hiking trails, and local wineries. Residents and visitors alike can enjoy outdoor activities and scenic views, making it a desirable place to live for nature enthusiasts and those looking for a laid-back coastal lifestyle.
FHA Down Payment Assistance Home Loan Benefits in Soquel, California
