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 Visalia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Visalia, CA provides a financial boost to eligible homebuyers in Visalia, 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 Visalia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Visalia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Visalia, 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 Visalia, 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 Visalia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Visalia, 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 Visalia, 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 Visalia, 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 (Federal Housing Administration) down payment assistance home loans provide various benefits for aspiring homeowners in Visalia, California. One of the primary advantages is the lower down payment requirement, making it easier for individuals and families to purchase a home without needing a large sum of money upfront. This can help more people achieve the dream of homeownership and contribute to building stronger communities. Additionally, FHA loans often have more flexible credit score requirements, allowing individuals with less-than-perfect credit to qualify for financing. This can be especially beneficial for first-time homebuyers or those who may have faced financial challenges in the past. The lower interest rates associated with FHA loans can also result in long-term savings for borrowers. Moreover, in Visalia, California, a city known for its diverse population and strong sense of community, the FHA down payment assistance program can help individuals from various backgrounds and income levels access affordable homeownership opportunities. With a growing housing market and a range of housing options, including single-family homes, townhouses, and condos, Visalia offers a vibrant and welcoming environment for residents.
Benefits of FHA Down Payment Assistance Home Loan in Visalia, California
