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 Stanford, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stanford, CA provides a financial boost to eligible homebuyers in Stanford, 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 Stanford, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stanford, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stanford, 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 Stanford, 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 Stanford, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stanford, 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 Stanford, 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 Stanford, 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.
Benefits: An FHA Down Payment Assistance Home Loan can help individuals achieve homeownership with a lower down payment requirement and more flexible credit criteria compared to traditional loans. This can make buying a home more accessible and affordable for first-time homebuyers in Stanford. Demographics: Stanford, California, is known for its diverse community with a mix of students, academics, and professionals. The area boasts a high standard of living and is home to many tech industry workers due to its proximity to Silicon Valley. Housing Market: Stanford's housing market is competitive, with a mix of single-family homes and luxury properties. The FHA Down Payment Assistance Home Loan can be a game-changer for those looking to buy in this market, providing a path to homeownership in a coveted area. Main Attractions: Stanford University, one of the world's leading research and teaching institutions, is a prominent feature of the area. The campus offers beautiful architecture, cultural events, and recreational opportunities. Additionally, nearby Palo Alto offers a vibrant downtown area with shops, restaurants, and parks for residents to enjoy.
FHA Down Payment Assistance Home Loan in Stanford, California
