Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Duarte, CA

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 Duarte, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Duarte, CA?

Our Down Payment Assistance program in Duarte, CA provides a financial boost to eligible homebuyers in Duarte, 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.

Forgivable grant for FHA loans in Duarte, CA

Key Features of Our FHA Down Payment Assistance in Duarte, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Duarte, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Duarte, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Duarte, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Duarte, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Duarte, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Duarte, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Duarte, 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.

First-time homebuyer FHA assistance in Duarte, CA
Start Your Journey Today

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 Duarte, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Duarte, California

Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers a low down payment option, making homeownership more accessible to first-time buyers. It provides competitive interest rates, flexible qualification requirements, and the option for down payment assistance, reducing the financial burden on buyers.

Demographics: Duarte, California, has a diverse population with a mix of residents from various ethnicities and age groups. The city's community is known for its friendly atmosphere, strong sense of belonging, and cultural diversity.

Housing Market: Duarte's housing market offers a range of options from single-family homes to townhouses and apartments. The market is stable with steady appreciation rates, making it a good long-term investment for potential homeowners.

Main Attractions: Duarte is home to the beautiful Encanto Park, which offers recreational activities like hiking and picnicking. The city also boasts the popular Duarte Historical Museum, showcasing the rich history of the area. Additionally, the nearby San Gabriel Mountains provide stunning views and outdoor adventure opportunities for residents.

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