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 Termo, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Termo, CA provides a financial boost to eligible homebuyers in Termo, 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 Termo, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Termo, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Termo, 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 Termo, 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 Termo, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Termo, 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 Termo, 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 Termo, 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 provide opportunities for low to moderate-income families to become homeowners with lower down payment requirements and more lenient credit score qualifications. This helps individuals in Termo, California, achieve their dream of homeownership without the burden of a large upfront payment. Demographically, Termo is a small, rural community located in northeastern California. It boasts a tight-knit community feel with a population that values the peace and serenity of country living. The area is known for its diverse population, including families, retirees, and those seeking a slower pace of life. In terms of the housing market, Termo offers affordable housing options compared to nearby urban areas. The availability of FHA Down Payment Assistance programs makes it easier for residents to purchase homes in the area. The market is stable, with steady appreciation rates, making it an attractive location for first-time homebuyers and investors alike. Some main attractions in Termo and the surrounding areas include the Lassen Volcanic National Park, offering opportunities for outdoor recreation and exploration. The region is also known for its beautiful natural landscapes, including mountains, forests, and lakes, making it a popular destination for nature enthusiasts and outdoor lovers.
Benefits of FHA Down Payment Assistance Home Loan in Termo, California
