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 Inglewood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Inglewood, CA provides a financial boost to eligible homebuyers in Inglewood, 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 Inglewood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Inglewood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Inglewood, 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 Inglewood, 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 Inglewood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Inglewood, 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 Inglewood, 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 Inglewood, 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 loans in Inglewood, California offer various benefits to eligible homebuyers. These loans require lower down payments, making homeownership more achievable for individuals with limited savings. Moreover, FHA loans often have lower credit score requirements compared to conventional loans, providing opportunities for a wider range of prospective buyers. Inglewood, California, is a diverse city located in the greater Los Angeles area. With a population of over 110,000 residents, the demographics of Inglewood reflect a blend of cultures, making it a vibrant and dynamic community. The city's rich history and cultural heritage contribute to its unique identity and charm. The housing market in Inglewood, CA, has been experiencing growth in recent years. The city's strategic location, close to major employment centers and entertainment hubs, has made it an attractive destination for homebuyers. With a variety of housing options available, from single-family homes to modern apartments, there is something for everyone in Inglewood's housing market. Some main attractions in Inglewood include the iconic SoFi Stadium, home to the Los Angeles Rams and Chargers, as well as The Forum, a renowned music and entertainment venue. Additionally, residents and visitors can enjoy shopping and dining experiences at the bustling Market Street and explore local parks like Edward Vincent Park.
Benefits of FHA Down Payment Assistance Home Loan in Inglewood, CA
