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 Beverly Hills, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Beverly Hills, CA provides a financial boost to eligible homebuyers in Beverly Hills, 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 Beverly Hills, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Beverly Hills, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, 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 Loan in Beverly Hills offers an affordable way for first-time homebuyers and low-income families to secure a home with a lower down payment requirement. This program helps individuals achieve their dream of homeownership, providing financial assistance and making it easier to qualify for a mortgage. Demographics: Beverly Hills is a well-known city in California, famous for its luxury real estate, celebrity residents, and upscale shopping and dining. With a population of around 34,000, the city is known for its high-income households and diverse community. Housing Market: Beverly Hills' real estate market is characterized by high property values, prestigious neighborhoods, and luxury amenities. The median home value in Beverly Hills is well above the national average, making it an exclusive market with a strong demand for high-end properties. Main Attractions: Beverly Hills is home to iconic attractions such as Rodeo Drive, Beverly Hills Hotel, and Greystone Mansion. Visitors and residents alike enjoy the city's beautiful parks, cultural landmarks, and world-class shopping and dining options.
Benefits of FHA Down Payment Assistance Home Loan in Beverly Hills, California
