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 Thermal, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Thermal, CA provides a financial boost to eligible homebuyers in Thermal, 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 Thermal, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Thermal, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Thermal, 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 Thermal, 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 Thermal, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Thermal, 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 Thermal, 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 Thermal, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Thermal, California is the lower down payment requirement. This allows more individuals and families to purchase homes without needing a large upfront sum of money. Additionally, FHA loans offer competitive interest rates and flexible qualification criteria, making homeownership more accessible to a wider range of people. Thermal, California is a diverse community with a population that includes a mix of ages, ethnicities, and backgrounds. The town has a vibrant culture and a strong sense of community, making it an attractive place to live for people of all walks of life. In terms of the housing market, Thermal offers a range of options from single-family homes to apartments and condos. The market is relatively stable, with moderate appreciation rates and a good balance of supply and demand. This makes it a favorable environment for both buyers and sellers. Some of the main attractions in Thermal, California include the Salton Sea, a popular spot for bird-watching and outdoor activities, as well as the Coachella Valley Music and Arts Festival, which draws visitors from around the world. The town also has a number of parks, restaurants, and cultural events that contribute to its vibrant atmosphere.
FHA Down Payment Assistance Home Loan in Thermal, California
