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 Maywood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Maywood, CA provides a financial boost to eligible homebuyers in Maywood, 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 Maywood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Maywood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Maywood, 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 Maywood, 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 Maywood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Maywood, 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 Maywood, 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 Maywood, 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.
Benefits: With an FHA Down Payment Assistance Home Loan in Maywood, California, eligible buyers can benefit from lower down payment requirements, competitive interest rates, and easier qualification criteria. This makes homeownership more accessible to a wider range of individuals, especially first-time homebuyers. Demographics: Maywood, California, is a diverse community with a population that includes a mix of Hispanic, White, and Asian residents. The median household income is around the national average, with a significant portion of the population working in the service and manufacturing sectors. Housing Market: The housing market in Maywood offers a variety of options, including single-family homes, townhouses, and apartments. The real estate market has been experiencing steady growth, with property values appreciating over the past few years, making it an attractive location for both buyers and investors. Main Attractions: Maywood is situated near popular attractions such as the Los Angeles River, providing opportunities for outdoor activities and recreation. The city also boasts a vibrant cultural scene, with local eateries, shops, and community events that showcase the diverse heritage of the area.
FHA Down Payment Assistance Home Loan in Maywood, California
