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 Winchester, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Winchester, CA provides a financial boost to eligible homebuyers in Winchester, 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 Winchester, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Winchester, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Winchester, 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 Winchester, 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 Winchester, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Winchester, 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 Winchester, 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 Winchester, 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 Winchester, California offers numerous benefits to home buyers. This type of loan allows for a lower down payment, making it easier for individuals and families to become homeowners. Additionally, FHA loans often have lower credit score requirements compared to traditional mortgages, making them accessible to a wider range of borrowers. The assistance provided can help potential homeowners secure a more affordable financing option while still benefiting from the stability and security of homeownership. Winchester, California, is a diverse community with a mix of residents from various backgrounds. The demographics of Winchester include a blend of different cultures and age groups, creating a vibrant and welcoming atmosphere. This inclusivity makes Winchester an ideal place for families, young professionals, and retirees alike. The housing market in Winchester, California, is dynamic and offers a range of options for buyers. With the assistance of FHA loans, individuals can explore various housing opportunities, from single-family homes to townhouses and condominiums. The market in Winchester is experiencing growth, making it an attractive location for those looking to invest in real estate or find their dream home.
FHA Down Payment Assistance Home Loan in Winchester, California
