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 Lakewood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lakewood, CA provides a financial boost to eligible homebuyers in Lakewood, 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 Lakewood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lakewood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lakewood, 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 Lakewood, 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 Lakewood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lakewood, 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 Lakewood, 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 Lakewood, 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 offers low down payment options for homebuyers in Lakewood, California. This makes homeownership more accessible to individuals who may not have a large sum of money saved for a down payment. The demographics of Lakewood, California, show a diverse community with a mix of age groups and ethnicities. The city has a strong sense of community with various activities and events that cater to different interests. In terms of the housing market, Lakewood offers a range of housing options from single-family homes to townhouses. The market is stable, with a steady demand for properties, making it an attractive location for both buyers and sellers. Main attractions in Lakewood include the Lakewood Center Mall, which offers a variety of shopping and dining experiences. The city also has several parks and recreational areas, perfect for outdoor activities and family outings.
Benefits of FHA Down Payment Assistance Home Loan in Lakewood, California
