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 Trabuco Canyon, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Trabuco Canyon, CA provides a financial boost to eligible homebuyers in Trabuco Canyon, 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 Trabuco Canyon, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Trabuco Canyon, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Trabuco Canyon, 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 Trabuco Canyon, 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 Trabuco Canyon, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Trabuco Canyon, 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 Trabuco Canyon, 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 Trabuco Canyon, 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 programs offer numerous benefits for home buyers in Trabuco Canyon. These loans require lower down payments, making homeownership more accessible. Additionally, they often have lower credit score requirements, allowing more individuals to qualify for mortgage loans. In terms of demographics, Trabuco Canyon is a picturesque community in Orange County. With a population of around 22,000 residents, it offers a suburban feel with highly rated schools, making it an attractive location for families looking to settle down. Trabuco Canyon's housing market is competitive yet diverse, featuring a mix of single-family homes, townhouses, and condos. The median home price is around $800,000, with appreciation rates steadily increasing over the years, making it a promising investment for potential home buyers. Some main attractions in Trabuco Canyon include O'Neill Regional Park, a popular spot for outdoor activities like hiking and camping. The Tucker Wildlife Sanctuary is another gem, offering nature lovers a tranquil escape. Residents also enjoy easy access to shopping and dining at the nearby Rancho Santa Margarita Town Center.
FHA Down Payment Assistance Home Loan Benefits in Trabuco Canyon, California
