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 Mission Hills, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mission Hills, CA provides a financial boost to eligible homebuyers in Mission Hills, 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 Mission Hills, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mission Hills, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mission Hills, 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 Mission Hills, 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 Mission Hills, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mission Hills, 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 Mission Hills, 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 Mission Hills, 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 Loan program offers many benefits for homebuyers in Mission Hills. It allows for a lower down payment, making homeownership more accessible to first-time buyers. Additionally, FHA loans typically have lower credit score requirements, helping individuals with less than perfect credit to qualify for a loan. Demographics in Mission Hills, California, show a diverse community with a mix of families and professionals. The area has a rich cultural heritage, with a significant Hispanic population. The neighborhood is known for its friendly and welcoming atmosphere, making it a desirable place to live for people of all backgrounds. The housing market in Mission Hills is currently stable, with a variety of housing options available ranging from single-family homes to townhouses. The median home price is affordable compared to neighboring areas, making it an attractive location for those looking to purchase a home. With the assistance of FHA loans, buyers have more flexibility and opportunities to enter the real estate market. Main attractions in Mission Hills include the beautiful O'Melveny Park, offering stunning views and outdoor recreational activities. The neighborhood also boasts a vibrant food scene with diverse restaurants and cafes. Additionally, Mission Hills is conveniently located near major highways, providing easy access to nearby attractions in Los Angeles and beyond.
Benefits of FHA Down Payment Assistance Home Loan in Mission Hills, California
