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 Bell, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bell, CA provides a financial boost to eligible homebuyers in Bell, 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 Bell, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bell, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bell, 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 Bell, 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 Bell, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bell, 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 Bell, 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 Bell, 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 in Bell, California provide numerous benefits to homebuyers. These include lower down payment requirements, more lenient credit score criteria, and competitive interest rates. Additionally, the program offers financial assistance to help cover closing costs, making homeownership more accessible to a wider range of individuals. Bell, California, located in Los Angeles County, has a diverse population with a mix of Hispanic, White, and Asian residents. The city's median household income is around the national average, and many residents are young professionals and families attracted to the area's affordable housing options and proximity to employment opportunities. The housing market in Bell, California, is competitive but offers a range of options for homebuyers. The median home price is lower than the county average, making it an attractive location for first-time buyers. With the assistance of FHA loans, prospective homeowners can take advantage of favorable terms and realize their dream of owning a home in this vibrant community. Main attractions in Bell include the scenic Veterans Park, offering green spaces and recreational facilities for residents to enjoy. The city is also known for its cultural diversity, reflected in its local restaurants, shops, and community events. With easy access to neighboring cities and the amenities of the greater Los Angeles area, Bell offers a balanced lifestyle for its residents.
FHA Down Payment Assistance Home Loan in Bell, California
