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 Stonyford, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stonyford, CA provides a financial boost to eligible homebuyers in Stonyford, 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 Stonyford, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stonyford, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stonyford, 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 Stonyford, 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 Stonyford, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stonyford, 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 Stonyford, 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 Stonyford, 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 Down Payment Assistance Home Loans in Stonyford, California offer numerous benefits for first-time homebuyers. These loans require a lower down payment compared to traditional mortgages, making homeownership more accessible. Additionally, FHA loans have competitive interest rates and flexible qualification requirements, making them an attractive option for those with limited credit history or lower income levels. Furthermore, FHA loans allow for higher debt-to-income ratios, enabling more individuals to qualify for a mortgage and achieve their dream of owning a home in Stonyford, California. Demographics Stonyford, California, a small town in Colusa County, has a population with a median age of 46 years. The town boasts a close-knit community with a mix of families and retirees. Housing Market The housing market in Stonyford, California, offers a variety of options ranging from cozy single-family homes to spacious multi-bedroom properties. The median home price is affordable, making it an ideal location for first-time homebuyers. Main Attractions Stonyford, California, is surrounded by scenic beauty, including nearby Mendocino National Forest, a haven for outdoor enthusiasts. Residents also enjoy local festivals, farmers markets, and community events that foster a vibrant and inclusive atmosphere.
Benefits of FHA Down Payment Assistance Home Loan in Stonyford, California
