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 Cerritos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cerritos, CA provides a financial boost to eligible homebuyers in Cerritos, 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 Cerritos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cerritos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cerritos, 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 Cerritos, 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 Cerritos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cerritos, 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 Cerritos, 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 Cerritos, 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 Cerritos, California provide numerous benefits to homebuyers, including lower down payment requirements, competitive interest rates, and easier qualification criteria compared to traditional mortgages. Cerritos, California, is a diverse and vibrant city located in Los Angeles County. With a population of over 50,000 residents, the city offers a mix of cultures, excellent schools, and a robust economy driven by industries such as healthcare, education, and retail. The housing market in Cerritos is competitive, with a median home value above the national average. The FHA Down Payment Assistance Home Loan can help potential buyers overcome financial barriers and enter the market, benefiting from the city's stable property values and strong community. Main attractions in Cerritos include the Cerritos Center for the Performing Arts, offering a range of cultural events, as well as the Cerritos Towne Center, a popular shopping and dining destination for residents and visitors alike.
FHA Down Payment Assistance Home Loan Benefits in Cerritos, California
