Unlock Your Homeownership Dreams with FHA Down Payment Assistance in La Puente, 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 La Puente, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in La Puente, CA?

Our Down Payment Assistance program in La Puente, CA provides a financial boost to eligible homebuyers in La Puente, 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 La Puente, CA

Key Features of Our FHA Down Payment Assistance in La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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 La Puente, 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.

Benefits of FHA Down Payment Assistance Home Loan in La Puente, California

FHA Down Payment Assistance Home Loan in La Puente provides an excellent opportunity for individuals and families to achieve homeownership with a lower down payment requirement. This program offers competitive interest rates and flexible credit score requirements, making it accessible for a wide range of homebuyers.

Demographically, La Puente, California, has a diverse population with a strong Hispanic heritage. The city enjoys a moderate Mediterranean climate and is known for its family-friendly communities and excellent school districts, making it an attractive location for homebuyers looking to settle down in a vibrant and welcoming community.

The housing market in La Puente offers a mix of affordable single-family homes, townhouses, and condominiums. With the FHA Down Payment Assistance Home Loan program, prospective buyers can take advantage of favorable market conditions, including steady home appreciation rates and a range of housing options to suit various budgets and preferences.

Some of the main attractions in La Puente include the picturesque La Puente Park, the bustling La Puente City Hall, and the popular Hacienda Heights Community Center. Residents and visitors alike can enjoy local shopping, dining, and recreational activities while experiencing the rich cultural tapestry of this vibrant city.

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