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 Canoga Park, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Canoga Park, CA provides a financial boost to eligible homebuyers in Canoga Park, 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 Canoga Park, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Canoga Park, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Canoga Park, 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 Canoga Park, 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 Canoga Park, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Canoga Park, 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 Canoga Park, 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 Canoga Park, 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 Canoga Park provide a great opportunity for first-time homebuyers to secure housing with a lower down payment requirement. In addition to requiring a lower down payment than conventional loans, FHA loans also offer competitive interest rates, making homeownership more accessible. Demographics in Canoga Park showcase a diverse community with a mix of different cultural backgrounds. The neighborhood is home to a growing population of young professionals and families attracted to the area's affordability and convenient location within the Los Angeles metropolitan area. The housing market in Canoga Park is dynamic, offering a range of options from single-family homes to apartments. The real estate market in the area is competitive, with a mix of older and newer properties available for purchase. The FHA down payment assistance program can help buyers navigate the market and achieve their homeownership goals. Main attractions in Canoga Park include the vibrant Westfield Topanga & The Village shopping center, providing residents with a diverse range of retail, dining, and entertainment options. Outdoor enthusiasts can also explore the nearby Santa Susana State Historic Park for hiking and picnicking opportunities.
Benefits of FHA Down Payment Assistance Home Loan in Canoga Park, California
