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 La Palma, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in La Palma, CA provides a financial boost to eligible homebuyers in La Palma, 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 La Palma, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in La Palma, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in La Palma, 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 La Palma, 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 La Palma, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in La Palma, 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 La Palma, 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 La Palma, 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 Loan in La Palma, California offers a low down payment requirement, making homeownership more accessible to those who may not have the funds for a traditional down payment. Demographics of La Palma, California: La Palma is a diverse city with a population of around 15,500 residents. The city has a mix of young families, professionals, and retirees, creating a vibrant community atmosphere. Housing Market: La Palma's housing market is stable with a median home value of around $700,000. The city offers a mix of single-family homes, townhouses, and condos, catering to a variety of preferences and budgets. Main Attractions: La Palma is known for its beautiful parks and recreational facilities, including Central Park and La Palma Park. The city also has a strong sense of community with regular events and activities for residents to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in La Palma, California
