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 Stockton, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stockton, CA provides a financial boost to eligible homebuyers in Stockton, 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 Stockton, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stockton, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stockton, 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 Stockton, 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 Stockton, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stockton, 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 Stockton, 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 Stockton, 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 Stockton, California provides a valuable opportunity for potential homebuyers by offering lower down payment requirements, making homeownership more accessible. This loan program helps individuals and families with limited savings to achieve their dream of owning a home. Stockton, California, boasts a diverse population with over 300,000 residents, representing various ethnicities and cultures. The city's demographics include a mix of young professionals, families, and retirees, creating a vibrant community with a range of amenities and services to cater to different needs and interests. The housing market in Stockton, California, offers a range of options, from historic homes to modern developments. With the FHA Down Payment Assistance Home Loan, first-time homebuyers can enter the market with reduced upfront costs, helping stimulate the local real estate sector and providing stability for homeowners in the area. Stockton is home to several main attractions, including the Haggin Museum, the Stockton Marina, and the Bob Hope Theatre. These attractions offer residents and visitors opportunities for cultural enrichment, outdoor recreation, and entertainment, enhancing the overall quality of life in the city.
The Benefits of FHA Down Payment Assistance Home Loan in Stockton, California
