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 Woodacre, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Woodacre, CA provides a financial boost to eligible homebuyers in Woodacre, 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 Woodacre, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Woodacre, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Woodacre, 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 Woodacre, 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 Woodacre, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Woodacre, 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 Woodacre, 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 Woodacre, 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.
One significant benefit of an FHA Down Payment Assistance Home Loan in Woodacre, California is the lower down payment requirement. This makes homeownership more accessible to first-time buyers and those with lower credit scores. Another advantage is the competitive interest rates offered by FHA loans. Borrowers can secure a fixed-rate mortgage, providing predictability and stability in monthly payments over the life of the loan. Furthermore, FHA loans allow for higher debt-to-income ratios, making it easier for borrowers to qualify. This flexibility can be especially helpful for individuals with student loan debt or other financial obligations. Demographics Woodacre, California, is a charming rural community located in Marin County. The town has a population of approximately 1,500 residents, with a median household income above the national average. Housing Market The housing market in Woodacre is competitive, with a mix of single-family homes and rustic cottages. The median home price is above the state average, reflecting the desirable nature of the area. Main Attractions Woodacre offers proximity to the stunning Point Reyes National Seashore, where residents can enjoy hiking, wildlife viewing, and beautiful coastal landscapes. The town also boasts local shops, cafes, and a vibrant community spirit.
FHA Down Payment Assistance Home Loan Benefits in Woodacre, California
