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 Tustin, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tustin, CA provides a financial boost to eligible homebuyers in Tustin, 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 Tustin, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tustin, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tustin, 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 Tustin, 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 Tustin, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tustin, 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 Tustin, 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 Tustin, 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 offer various advantages, including lower down payment requirements, flexible credit score qualifications, and competitive interest rates. These loans help make homeownership more accessible to individuals who may not qualify for conventional loans. Tustin, California, is a diverse city with a population that includes a mix of professionals, families, and retirees. The area boasts a strong sense of community, excellent schools, and a range of cultural and recreational opportunities. The housing market in Tustin is competitive but offers a variety of housing options, including single-family homes, townhouses, and apartments. The median home value is above the national average, reflecting the city's desirability and strong real estate market. Some of the main attractions in Tustin include the Tustin Market Place, a popular shopping and dining destination, and Tustin Sports Park, which offers various sports facilities and green spaces for outdoor activities.
The Benefits of FHA Down Payment Assistance Home Loan in Tustin, California