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 Manhattan Beach, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Manhattan Beach, CA provides a financial boost to eligible homebuyers in Manhattan Beach, 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 Manhattan Beach, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Manhattan Beach, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Manhattan Beach, 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 Manhattan Beach, 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 Manhattan Beach, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Manhattan Beach, 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 Manhattan Beach, 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 Manhattan Beach, 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.
The FHA Down Payment Assistance Home Loan in Manhattan Beach, California offers numerous benefits to potential homebuyers. One of the major advantages is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes homeownership more accessible for individuals who may not have the means to afford a traditional down payment. In Manhattan Beach, California, the demographics skew towards affluent residents, with a high median household income and a well-educated population. The city is known for its beautiful beaches, outdoor recreational activities, and vibrant dining and shopping scenes. The community is family-friendly and offers excellent schools, making it an ideal location for families looking to settle down. The housing market in Manhattan Beach is competitive, with high demand and limited inventory driving up prices. The median home value is above the national average, but the investment can be worth it due to the city's desirable location and strong appreciation rates. With the FHA Down Payment Assistance Home Loan, buyers can enter this competitive market with more flexibility and financial support. Main Attractions:
Benefits of FHA Down Payment Assistance Home Loan in Manhattan Beach, California
