Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Storrie, CA

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 Storrie, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Storrie, CA?

Our Down Payment Assistance program in Storrie, CA provides a financial boost to eligible homebuyers in Storrie, 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.

Forgivable grant for FHA loans in Storrie, CA

Key Features of Our FHA Down Payment Assistance in Storrie, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Storrie, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Storrie, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Storrie, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Storrie, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Storrie, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Storrie, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Storrie, 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.

First-time homebuyer FHA assistance in Storrie, CA
Start Your Journey Today

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 Storrie, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Storrie, California

FHA Down Payment Assistance Home Loans in Storrie, California offer various benefits such as lower down payment requirements, competitive interest rates, and easier qualification criteria compared to traditional mortgages. This makes homeownership more accessible to first-time buyers and individuals with limited financial resources.

Storrie, California, is a charming town known for its diverse demographics. The population comprises a mix of age groups, including young families, professionals, and retirees. The community is vibrant and welcoming, offering residents a tight-knit and supportive environment to call home.

The housing market in Storrie, California, is favorable for buyers looking to invest in property. With the assistance of FHA loans, individuals can explore a range of housing options, from cozy single-family homes to modern condominiums. The market is stable, with steady appreciation rates, making it an attractive location for both homebuyers and investors.

Storrie, California, boasts a variety of main attractions for residents and visitors alike. From scenic hiking trails and outdoor recreational activities to local eateries and cultural events, there is something for everyone to enjoy. The town's proximity to natural landmarks and urban centers provides a perfect balance of tranquility and convenience.

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