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 Del Rey, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Del Rey, CA provides a financial boost to eligible homebuyers in Del Rey, 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 Del Rey, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Del Rey, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Del Rey, 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 Del Rey, 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 Del Rey, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Del Rey, 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 Del Rey, 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 Del Rey, 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.
A FHA down payment assistance home loan in Del Rey, California offers numerous benefits such as low down payment requirements, competitive interest rates, and less strict credit score requirements. This allows more individuals and families to achieve homeownership, especially first-time buyers. Del Rey, California, has a diverse population with a mix of families, professionals, and retirees. The community is known for its welcoming atmosphere and strong sense of community. The area offers a variety of recreational activities, shopping centers, and restaurants, making it an ideal place to live for people of all ages. The housing market in Del Rey, California, is vibrant with a mix of single-family homes, townhouses, and condominiums. The median home value is competitive compared to neighboring cities, making it an attractive option for buyers. With the assistance of FHA loans, prospective homeowners can explore a range of housing options in the area.
Benefits of FHA Down Payment Assistance Home Loan in Del Rey, California
