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 Lynwood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lynwood, CA provides a financial boost to eligible homebuyers in Lynwood, 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 Lynwood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lynwood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lynwood, 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 Lynwood, 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 Lynwood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lynwood, 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 Lynwood, 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 Lynwood, 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.
One of the primary advantages of an FHA Down Payment Assistance Home Loan in Lynwood, California is the lower down payment requirement. This makes homeownership more accessible to individuals with limited savings. Additionally, the FHA loan program offers competitive interest rates, making it an attractive option for first-time homebuyers. Demographically, Lynwood is a diverse community with a growing population. The city has a mix of residential neighborhoods, shopping centers, and parks, making it an ideal place to raise a family. The presence of various cultural backgrounds adds to the vibrant tapestry of the community. In terms of the housing market, Lynwood has seen steady growth in property values in recent years. The availability of FHA Down Payment Assistance Home Loans has contributed to increased homeownership rates in the area. The market offers a range of housing options, from single-family homes to condominiums, catering to different lifestyle preferences. Some of the main attractions in Lynwood include the famous Plaza Mexico, a shopping and entertainment complex that celebrates Mexican culture. The city also boasts several parks and recreational facilities, providing residents with ample opportunities for outdoor activities and social gatherings.
Benefits of FHA Down Payment Assistance Home Loan
