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 Diamond Bar, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Diamond Bar, CA provides a financial boost to eligible homebuyers in Diamond Bar, 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 Diamond Bar, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Diamond Bar, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Diamond Bar, California is the low down payment requirement, often as low as 3.5%. This makes homeownership more accessible for first-time buyers and those with limited savings. Another advantage is the ability to combine the FHA loan with down payment assistance programs, providing additional financial support to help cover upfront costs and reduce the financial burden on buyers. Additionally, FHA loans offer competitive interest rates and are more forgiving of lower credit scores compared to conventional loans, making them a viable option for a wider range of homebuyers. Demographics Diamond Bar, California, is a diverse suburban city with a population that includes a mix of professionals, families, and students. The city boasts a strong Asian American community and is known for its excellent schools and safe neighborhoods. Housing Market The housing market in Diamond Bar is competitive, with a mix of single-family homes, townhouses, and condos available. The median home price is above the national average, reflecting the city's desirability and strong market demand. Main Attractions Popular attractions in Diamond Bar include the Diamond Bar Center, a community hub for events and gatherings, as well as the nearby Diamond Bar Golf Course, offering scenic views and recreational opportunities for residents.
Benefits of FHA Down Payment Assistance Home Loan in Diamond Bar, California
