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 Truckee, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Truckee, CA provides a financial boost to eligible homebuyers in Truckee, 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 Truckee, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Truckee, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Truckee, 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 Truckee, 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 Truckee, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Truckee, 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 Truckee, 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 Truckee, 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 program in Truckee, California provides a valuable opportunity for first-time homebuyers and individuals with limited savings to achieve homeownership. This initiative offers financial assistance to eligible applicants, allowing them to secure a home with a lower down payment requirement. Demographically, Truckee is a charming town located in the Sierra Nevada mountains, known for its picturesque landscapes and outdoor recreational activities. The population is a mix of permanent residents and tourists, with a strong sense of community and a focus on nature preservation. In terms of the housing market, Truckee offers a diverse range of properties, from cozy mountain cabins to modern single-family homes. The market is competitive yet stable, with steady appreciation rates. The FHA Down Payment Assistance program can make these properties more accessible to a wider range of buyers. Main attractions in Truckee include world-class ski resorts like Northstar California Resort, hiking and biking trails in the Tahoe National Forest, and historic downtown Truckee with its quaint shops and restaurants. The town's vibrant arts scene and proximity to Lake Tahoe make it a desirable place to live and visit.
Benefits of FHA Down Payment Assistance Home Loan in Truckee, California
