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 Los Alamitos, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Alamitos, CA provides a financial boost to eligible homebuyers in Los Alamitos, 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 Los Alamitos, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Alamitos, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Alamitos, 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 Los Alamitos, 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 Los Alamitos, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Alamitos, 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 Los Alamitos, 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 Los Alamitos, 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.
1. Lower Initial Costs: FHA loans allow for a lower down payment requirement, making homeownership more accessible to first-time buyers. 2. Competitive Interest Rates: These loans often have competitive interest rates, potentially saving borrowers money over the life of the loan. 3. Easier Qualification: FHA loans have more flexible qualification criteria, including lower credit score requirements, allowing more people to qualify for a home loan. Demographics Los Alamitos is a diverse community with a population that includes young families, working professionals, and retirees. The city has a strong sense of community and is known for its excellent schools and safe neighborhoods. Housing Market The housing market in Los Alamitos is competitive, with a mix of single-family homes, townhouses, and apartments available. Prices vary depending on the neighborhood, with some areas seeing high demand and appreciation rates. Main Attractions Popular attractions in Los Alamitos include the Los Alamitos Race Course, a historic racetrack, and the nearby Seal Beach with its charming Main Street and beautiful beaches. The city also offers a variety of dining options and shopping opportunities.
Benefits of FHA Down Payment Assistance Home Loan in Los Alamitos, California
