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

What is Down Payment Assistance in La Verne, CA?

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

Key Features of Our FHA Down Payment Assistance in La Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, 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 Verne, California

Obtaining an FHA down payment assistance home loan in La Verne, California comes with a multitude of benefits. Firstly, this type of loan offers a lower down payment requirement, making home ownership more accessible to first-time buyers or those with limited funds. Additionally, FHA loans typically have competitive interest rates, providing long-term financial savings for homeowners.

La Verne, California, is a vibrant city with a diverse population. The demographics of the area include a mix of young families, professionals, and retirees. The community is known for its strong sense of belonging and a range of cultural events that celebrate its rich heritage.

The housing market in La Verne, California, is thriving, offering a variety of properties to suit different preferences and budgets. The city boasts a mix of historic homes and modern developments, providing options for both traditional and contemporary living spaces. The real estate market in La Verne is stable, with steady appreciation rates and a strong demand for housing.

Some of the main attractions in La Verne include the beautiful Bonita Falls, the historic Walker House, and the lively downtown area with its charming shops and restaurants. Residents and visitors alike can enjoy outdoor activities in the nearby Angeles National Forest or explore the local vineyards and breweries.

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