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 Lomita, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lomita, CA provides a financial boost to eligible homebuyers in Lomita, 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 Lomita, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lomita, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lomita, 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 Lomita, 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 Lomita, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lomita, 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 Lomita, 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 Lomita, 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 Lomita, California offer lower down payment requirements, making homeownership more accessible to first-time buyers. This can help individuals who may not have a large sum saved up to purchase a home. The demographics of Lomita, California include a diverse population with a mix of cultures and age groups. The city has a strong sense of community and offers various amenities that cater to different lifestyles. The housing market in Lomita, California is competitive yet stable, with a range of housing options available. The FHA down payment assistance program can be particularly beneficial in this market by providing additional financial support to potential homebuyers. Some main attractions in Lomita include Lomita Railroad Museum, beautiful parks like Veterans Park, and proximity to the scenic Palos Verdes Peninsula. The city offers a mix of urban convenience and natural beauty for residents to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Lomita, California
