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 Tecate, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tecate, CA provides a financial boost to eligible homebuyers in Tecate, 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 Tecate, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tecate, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tecate, 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 Tecate, 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 Tecate, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tecate, 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 Tecate, 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 Tecate, 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.
The FHA Down Payment Assistance Home Loan in Tecate, California provides numerous benefits such as low down payment requirements, flexible credit score criteria, and competitive interest rates. This program assists first-time homebuyers in achieving their dream of homeownership by reducing the financial burden of a down payment. Tecate, California, boasts a diverse demographic profile with a mix of Hispanic, White, and Asian residents. The town has a strong sense of community and is known for its welcoming atmosphere, making it an ideal place to settle down and raise a family. The housing market in Tecate, California, offers a range of affordable options for potential buyers. With the assistance of FHA Down Payment Assistance Home Loans, individuals can access a variety of housing types, including single-family homes, townhouses, and condos, catering to different lifestyle preferences. Some of the main attractions in Tecate include the Tecate Peak Hiking Trail, which offers breathtaking views of the surrounding landscape, and the Tecate Brewery, where visitors can enjoy tours and tastings of locally produced beer. Additionally, the town's proximity to the Mexico border provides opportunities for cross-cultural experiences and adventures.
Benefits of FHA Down Payment Assistance Home Loan in Tecate, California
