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 Temecula, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Temecula, CA provides a financial boost to eligible homebuyers in Temecula, 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 Temecula, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Temecula, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Temecula, 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 Temecula, 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 Temecula, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Temecula, 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 Temecula, 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 Temecula, 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 Loan in Temecula, California, offers numerous benefits to help individuals achieve homeownership. With lower down payment requirements and flexible eligibility criteria, these loans make it easier for first-time homebuyers to purchase a home. Demographically, Temecula is a diverse city with a population that includes young professionals, families, and retirees. The city's growth in recent years has led to improved infrastructure, schools, and recreational facilities, making it an attractive choice for individuals looking to settle down in a vibrant community. In terms of the housing market, Temecula offers a variety of housing options, ranging from single-family homes to townhouses and condos. The market is competitive but relatively stable, with moderate appreciation rates. The availability of FHA loans and down payment assistance programs further enhances affordability for homebuyers. Main attractions in Temecula include its picturesque vineyards, historic Old Town with boutique shops and restaurants, and outdoor activities such as hot air balloon rides and hiking trails. The city's vibrant cultural scene, including festivals and events, provides residents with ample entertainment options.
Benefits of FHA Down Payment Assistance Home Loan
