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 Newbury Park, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Newbury Park, CA provides a financial boost to eligible homebuyers in Newbury Park, 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 Newbury Park, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Newbury Park, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Newbury Park, 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 Newbury Park, 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 Newbury Park, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Newbury Park, 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 Newbury Park, 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 Newbury Park, 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 in Newbury Park, California offer numerous benefits to first-time homebuyers. These loans require a lower down payment, making homeownership more accessible. Additionally, they come with competitive interest rates, making them an affordable option for those looking to purchase a home in the area. Newbury Park, California, located in Ventura County, boasts a diverse population with a mix of families, young professionals, and retirees. The community is known for its excellent schools, making it an attractive option for families. The area also offers numerous outdoor recreational activities, including hiking trails and parks. The housing market in Newbury Park, California, is vibrant and diverse, with a range of options to suit different budgets and preferences. The median home price in the area is competitive, offering opportunities for both buyers and sellers. With the assistance of FHA Down Payment Assistance Home Loans, more individuals can enter the housing market and achieve their homeownership dreams. In addition to its housing opportunities, Newbury Park, California, boasts several main attractions, including the beautiful Dos Vientos Ranch and the scenic Point Mugu State Park. Residents can also enjoy shopping and dining options at The Oaks mall and various local restaurants. The area's proximity to beaches and major cities makes it a desirable place to live.
FHA Down Payment Assistance Home Loan in Newbury Park, California
