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 Altadena, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Altadena, CA provides a financial boost to eligible homebuyers in Altadena, 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 Altadena, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Altadena, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Altadena, 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 Altadena, 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 Altadena, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Altadena, 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 Altadena, 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 Altadena, 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 Loans offer several benefits to homebuyers in Altadena, California. These loans provide a way for first-time buyers and those with limited financial resources to access homeownership with a lower down payment requirement. Altadena, California, a diverse community in Los Angeles County, has a population reflecting various ethnic backgrounds and age groups. The area is known for its scenic views, tree-lined streets, and a mix of historic and modern homes, creating a unique living experience. The housing market in Altadena offers a range of properties from cozy bungalows to spacious estates, catering to different housing needs. With the FHA Down Payment Assistance Program, homebuyers can take advantage of favorable interest rates and reduced down payment requirements, expanding their housing options. Apart from its housing options, Altadena boasts attractions like the Angeles National Forest, Eaton Canyon Natural Area, and the Mount Lowe Railway Trail. Residents can enjoy outdoor activities, cultural events, and a close-knit community atmosphere in this charming Southern California town.
Benefits of FHA Down Payment Assistance Home Loan in Altadena, California
