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 Whitmore, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Whitmore, CA provides a financial boost to eligible homebuyers in Whitmore, 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 Whitmore, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Whitmore, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Whitmore, 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 Whitmore, 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 Whitmore, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Whitmore, 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 Whitmore, 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 Whitmore, 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 loans provide lower down payment options, making homeownership more accessible to individuals with limited savings. This assistance program helps buyers qualify for a loan with a lower down payment requirement, potentially as low as 3.5% of the purchase price. This can make buying a home more affordable for first-time buyers or those with less cash on hand. Whitmore, California, is a small town known for its picturesque landscapes and charming community. The demographics of Whitmore show a mix of families and retirees, creating a tight-knit and welcoming atmosphere. With a lower cost of living compared to many California cities, Whitmore offers a more affordable option for those looking to settle down. The housing market in Whitmore is stable with a variety of housing options available. The market features single-family homes, ranch-style properties, and vacant land for those looking to build their dream home. With the assistance of FHA loans, potential homeowners can explore these options with a lower barrier to entry. Some main attractions in Whitmore include outdoor activities such as hiking, fishing, and camping, thanks to its proximity to national parks and forests. The town also hosts community events that bring residents together, creating a strong sense of belonging and community spirit.
Benefits of FHA Down Payment Assistance Home Loan in Whitmore, California
