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 Susanville, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Susanville, CA provides a financial boost to eligible homebuyers in Susanville, 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 Susanville, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Susanville, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Susanville, 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 Susanville, 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 Susanville, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Susanville, 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 Susanville, 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 Susanville, 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.
Benefits of FHA Down Payment Assistance Home Loan: This loan program allows first-time homebuyers in Susanville to purchase a home with a lower down payment, making homeownership more accessible. It offers competitive interest rates and allows for lower credit scores compared to traditional loans. Demographics: Susanville, California, has a population of approximately 15,000 residents. The city has a diverse community with a mix of families, young professionals, and retirees. The median age is 36 years old, and the median household income is around $50,000. Housing Market: The housing market in Susanville is competitive yet affordable. The median home price is $250,000, which is lower than the state average. With the FHA Down Payment Assistance Home Loan, potential buyers can enter the market with minimal savings. Main Attractions: Susanville offers a variety of outdoor activities such as hiking, fishing, and camping in the nearby Lassen National Forest. The city is also known for its historic sites like the Lassen Historical Museum and the Roops Fort.
FHA Down Payment Assistance Home Loan in Susanville, California
