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 Marina Del Rey, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Marina Del Rey, CA provides a financial boost to eligible homebuyers in Marina Del Rey, 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 Marina Del Rey, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Marina Del Rey, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Marina Del Rey, 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 Marina Del Rey, 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 Marina Del Rey, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Marina Del Rey, 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 Marina Del Rey, 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 Marina Del Rey, 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 offer significant benefits to first-time homebuyers in Marina Del Rey, California. These loans require a lower down payment, typically around 3.5%, making homeownership more accessible to individuals with limited savings. Demographics in Marina Del Rey show a diverse community with a population that mainly consists of young professionals and families. The area is known for its high median household income and a strong job market, providing stability for homeowners. The housing market in Marina Del Rey is competitive yet attractive, with a mix of luxury waterfront properties and more affordable housing options. The FHA Down Payment Assistance Home Loan can help buyers navigate this market and secure their dream home. Main attractions in Marina Del Rey include the stunning Marina Beach, popular for water activities and picnics, as well as the vibrant Fisherman's Village offering shops, restaurants, and breathtaking views of the marina.
FHA Down Payment Assistance Home Loan Benefits in Marina Del Rey, California
