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 Sugarloaf, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sugarloaf, CA provides a financial boost to eligible homebuyers in Sugarloaf, 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 Sugarloaf, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sugarloaf, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sugarloaf, 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 Sugarloaf, 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 Sugarloaf, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sugarloaf, 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 Sugarloaf, 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 Sugarloaf, 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.
An FHA Down Payment Assistance Home Loan in Sugarloaf, California offers numerous benefits to prospective homebuyers. This program helps individuals with lower credit scores or limited funds for a down payment to achieve their dream of homeownership. It allows for a lower down payment compared to conventional loans, making it more accessible for first-time buyers. Demographics: Sugarloaf, located in Southern California, is a small, tight-knit community with a population that skews towards families and retirees. The area offers a serene and peaceful living environment, attracting those looking to escape the hustle and bustle of city life. Housing Market: The housing market in Sugarloaf is diverse, offering a mix of cozy cottages, mountain cabins, and modern homes. With the FHA Down Payment Assistance program, more individuals can enter this market and secure affordable housing options that suit their needs and preferences. Main Attractions: Sugarloaf is situated near popular attractions such as Big Bear Lake and Bear Mountain Resort, making it an ideal location for outdoor enthusiasts. Residents can enjoy activities like skiing, hiking, and boating, creating a vibrant and active community.
Benefits of FHA Down Payment Assistance Home Loan
