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 Wallace, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wallace, CA provides a financial boost to eligible homebuyers in Wallace, 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 Wallace, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wallace, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wallace, 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 Wallace, 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 Wallace, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wallace, 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 Wallace, 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 Wallace, 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 loan in Wallace, California offers numerous benefits. This type of loan allows borrowers to put down as little as 3.5%, making homeownership more accessible. Additionally, FHA loans have competitive interest rates and flexible qualification requirements, making it easier for first-time homebuyers to purchase a home. Wallace, California, is a charming town with a diverse population. The demographics of Wallace include a mix of families, young professionals, and retirees. The town's community is known for its friendliness and active neighborhood associations, creating a welcoming environment for residents. In terms of the housing market, Wallace offers a range of affordable housing options, from single-family homes to condos. The median home price in Wallace is below the state average, making it an attractive location for those looking to buy their first home or invest in real estate. With the assistance of FHA loans, potential buyers can achieve their homeownership dreams more easily. Some main attractions in Wallace include its picturesque parks, local wineries, and historic downtown area. Residents can enjoy outdoor activities like hiking and biking in the nearby parks or indulge in wine tasting tours at the local vineyards. The town's historic downtown is filled with charming shops, cafes, and cultural sites, offering a vibrant atmosphere for both residents and visitors.
FHA Down Payment Assistance Home Loan in Wallace, California
