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 Stevenson Ranch, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stevenson Ranch, CA provides a financial boost to eligible homebuyers in Stevenson Ranch, 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 Stevenson Ranch, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stevenson Ranch, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, 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 loans provide a great opportunity for first-time homebuyers and those with less-than-perfect credit to achieve homeownership. The down payment assistance program offered by FHA allows borrowers to put down as little as 3.5% of the purchase price, making buying a home more affordable. Additionally, FHA loans have competitive interest rates and flexible credit requirements, making them accessible to a wider range of borrowers. This can help individuals and families in Stevenson Ranch to secure a home that meets their needs without breaking the bank. Furthermore, the FHA loan program offers options for refinancing, making it easier for homeowners to take advantage of lower interest rates or access equity in their homes for renovations or other financial needs.
Benefits of FHA Down Payment Assistance Home Loan in Stevenson Ranch, California
