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 Artesia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Artesia, CA provides a financial boost to eligible homebuyers in Artesia, 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 Artesia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Artesia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Artesia, 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 Artesia, 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 Artesia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Artesia, 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 Artesia, 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 Artesia, 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 of the key benefits of an FHA down payment assistance home loan in Artesia, California is the lower down payment requirement. This can make homeownership more accessible to individuals and families who may not have sufficient savings for a traditional down payment. Another advantage is the relaxed credit score requirements. FHA loans are known for being more forgiving when it comes to credit scores, making it easier for borrowers with less than perfect credit to qualify for a home loan. Additionally, FHA loans offer competitive interest rates, which can result in lower monthly mortgage payments compared to other loan options. Demographics: Artesia, California is a diverse city with a population that includes a mix of Asian, Hispanic, and White residents. The city has a strong sense of community and is known for its cultural diversity. Housing Market: The housing market in Artesia is competitive, with a mix of single-family homes and condos. The median home value is above the national average, making it an attractive investment for potential homebuyers. Main Attractions: Some of the main attractions in Artesia include the Cerritos Center for the Performing Arts, Artesia Park, and the Little India neighborhood, known for its authentic Indian cuisine and vibrant cultural scene.
Benefits of FHA Down Payment Assistance Home Loan in Artesia, California
