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 Strathmore, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Strathmore, CA provides a financial boost to eligible homebuyers in Strathmore, 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 Strathmore, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Strathmore, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Strathmore, 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 Strathmore, 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 Strathmore, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Strathmore, 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 Strathmore, 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 Strathmore, 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 Strathmore, California offer a great opportunity for first-time homebuyers to achieve their dream of homeownership. With lower down payment requirements and competitive interest rates, these loans make purchasing a home more affordable and accessible. Furthermore, FHA loans provide financial assistance to prospective buyers who may not qualify for traditional mortgages due to credit score or income limitations. This helps a wider range of individuals and families to secure housing in the desirable area of Strathmore. In addition to the benefits of FHA loans, Strathmore, California, is a vibrant community with a diverse demographic profile. The town has a mix of families, young professionals, and retirees, creating a welcoming and inclusive environment for residents.
Benefits of FHA Down Payment Assistance Home Loan in Strathmore, California
