Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Calabasas, 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 Calabasas, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Calabasas, CA?

Our Down Payment Assistance program in Calabasas, CA provides a financial boost to eligible homebuyers in Calabasas, 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 Calabasas, CA

Key Features of Our FHA Down Payment Assistance in Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, California

FHA Down Payment Assistance Home Loans offer a range of benefits for homebuyers in Calabasas, California. These include lower down payment requirements, flexible credit guidelines, and competitive interest rates, making homeownership more accessible.

Demographics in Calabasas show a diverse community with a mix of families, young professionals, and retirees. The city boasts a high median income level, excellent school districts, and a vibrant social scene, making it an attractive place to live for a wide range of people.

The housing market in Calabasas is strong, with a mix of luxury estates, single-family homes, and condominiums. Prices have been stable, and there is a high demand for properties in the area. With the assistance of FHA loans, many potential buyers can find suitable housing options in this competitive market.

Main attractions in Calabasas include the picturesque Malibu Creek State Park, renowned for its hiking and outdoor activities, The Commons at Calabasas for shopping and dining, and the Leonis Adobe Museum, offering a glimpse into the city's rich history.

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