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 South Lake Tahoe, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in South Lake Tahoe, CA provides a financial boost to eligible homebuyers in South Lake Tahoe, 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 South Lake Tahoe, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in South Lake Tahoe, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in South Lake Tahoe, 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 South Lake Tahoe, 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 South Lake Tahoe, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in South Lake Tahoe, 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 South Lake Tahoe, 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 South Lake Tahoe, 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 in South Lake Tahoe, California offers numerous benefits to homebuyers. One key advantage is the lower down payment requirement, making home ownership more accessible to individuals with limited savings. Additionally, these loans often have competitive interest rates, reducing the overall cost of homeownership. South Lake Tahoe, California, is a vibrant community with a diverse population. The area is known for its stunning natural beauty, including the crystal-clear waters of Lake Tahoe and the surrounding picturesque mountains. Demographically, South Lake Tahoe attracts a mix of residents, from young professionals to retirees seeking a peaceful lifestyle. The housing market in South Lake Tahoe is characterized by a range of housing options, from cozy cabins to luxurious lakefront properties. With the assistance of FHA loans, prospective homebuyers can take advantage of the competitive market to find their dream home at an affordable price. The market offers potential for appreciation, making it an attractive investment opportunity.
Benefits of FHA Down Payment Assistance Home Loan in South Lake Tahoe, California
