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 Culver City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Culver City, CA provides a financial boost to eligible homebuyers in Culver City, 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 Culver City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Culver City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Culver City, 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 Culver City, 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 Culver City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Culver City, 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 Culver City, 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 Culver City, 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 Culver City, California provides numerous benefits for first-time homebuyers. These loans offer lower down payment requirements, making homeownership more accessible. Additionally, they often come with competitive interest rates and flexible qualification criteria. Demographically, Culver City, California, is a vibrant and diverse community. With a growing population of young professionals and families, the city offers a unique blend of cultures and backgrounds. The median household income is above the national average, making it an attractive location for homebuyers. The housing market in Culver City is competitive yet stable. The city offers a mix of housing options, including single-family homes, condominiums, and apartments. With a strong demand for housing and limited supply, property values have shown steady appreciation over the years. Some of the main attractions in Culver City include the historic Sony Pictures Studios, the bustling Culver City Arts District, and the scenic Baldwin Hills Scenic Overlook. Residents also enjoy easy access to the beaches of Santa Monica and the cultural amenities of nearby Los Angeles.
Benefits of FHA Down Payment Assistance Home Loan in Culver City, California
