Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Yorba Linda, CA

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 Yorba Linda, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Yorba Linda, CA?

Our Down Payment Assistance program in Yorba Linda, CA provides a financial boost to eligible homebuyers in Yorba Linda, 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.

Forgivable grant for FHA loans in Yorba Linda, CA

Key Features of Our FHA Down Payment Assistance in Yorba Linda, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Yorba Linda, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Yorba Linda, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Yorba Linda, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Yorba Linda, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Yorba Linda, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Yorba Linda, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Yorba Linda, 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.

First-time homebuyer FHA assistance in Yorba Linda, CA
Start Your Journey Today

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 Yorba Linda, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Yorba Linda, California

FHA Down Payment Assistance Home Loan in Yorba Linda, California offers numerous benefits to homebuyers. These loans often require lower down payments, making homeownership more accessible to a wider range of individuals and families. Additionally, FHA loans typically have more flexible credit requirements, allowing individuals with less-than-perfect credit scores to qualify.

Yorba Linda, California, boasts a diverse population with a strong sense of community. The city is known for its excellent schools, safe neighborhoods, and abundant parks and recreational facilities, making it an attractive place for families. With a median household income above the national average, Yorba Linda offers a comfortable lifestyle for its residents.

The housing market in Yorba Linda, California, is competitive yet stable. The city features a mix of housing options, from single-family homes to luxury estates, catering to various preferences and budgets. The real estate market in Yorba Linda has shown consistent growth over the years, making it a sound investment for homebuyers.

Some of the main attractions in Yorba Linda include the Richard Nixon Presidential Library and Museum, which offers a glimpse into the life of the former U.S. president. The city also features numerous parks, trails, and shopping centers, providing residents with ample opportunities for recreation and entertainment.

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