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 Glendale, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Glendale, CA provides a financial boost to eligible homebuyers in Glendale, 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 Glendale, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Glendale, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Glendale, 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 Glendale, 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 Glendale, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Glendale, 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 Glendale, 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 Glendale, 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 utilizing an FHA down payment assistance home loan in Glendale, California is the lower down payment requirement. This can make homeownership more accessible to first-time buyers and those with limited funds. Additionally, FHA loans often have more flexible credit requirements, allowing more individuals to qualify for a mortgage. Glendale, California is a diverse city with a population that includes a mix of ethnicities, cultures, and ages. The city has a strong sense of community and offers a variety of amenities such as parks, recreational facilities, and shopping options, making it an attractive place to live for families and young professionals alike. The housing market in Glendale, California is competitive, with a strong demand for housing driving prices up. However, with the assistance of FHA loans and down payment programs, potential buyers can access the market more easily. It's important for buyers to work with a knowledgeable real estate agent to navigate the market effectively. Some of the main attractions in Glendale include the historic Alex Theatre, Glendale Galleria shopping mall, and the scenic Deukmejian Wilderness Park. These attractions, along with the city's proximity to Los Angeles and the natural beauty of the surrounding area, make Glendale a desirable place to call home.
The Benefits of FHA Down Payment Assistance Home Loan in Glendale, California