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 Westmorland, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Westmorland, CA provides a financial boost to eligible homebuyers in Westmorland, 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 Westmorland, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Westmorland, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Westmorland, 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 Westmorland, 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 Westmorland, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Westmorland, 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 Westmorland, 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 Westmorland, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers lower down payment requirements, making homeownership more accessible. It provides competitive interest rates and flexible credit requirements, making it ideal for first-time homebuyers. Demographics: Westmorland, California, has a population of approximately 2,500 residents. The town has a diverse community with a mix of Hispanic, White, and other ethnicities. The median household income is around $35,000, and the average age of residents is 35 years old. Housing Market: The housing market in Westmorland consists mainly of single-family homes. The median home value is around $150,000, making it an affordable option for homebuyers. The market is stable, with a low foreclosure rate and steady appreciation over the years. Main Attractions: Westmorland is known for its beautiful parks and outdoor recreational activities. The town hosts annual events like the Westmorland Carrot Festival, celebrating its agricultural heritage. Nearby attractions include the Salton Sea and the Imperial Sand Dunes, offering opportunities for outdoor adventures.
FHA Down Payment Assistance Home Loan in Westmorland, California
