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 Newhall, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Newhall, CA provides a financial boost to eligible homebuyers in Newhall, 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 Newhall, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Newhall, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Newhall, 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 Newhall, 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 Newhall, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Newhall, 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 Newhall, 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 Newhall, 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 Newhall, California offer several benefits to potential homeowners. These loans require a lower down payment, making home ownership more accessible to individuals and families. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for home financing. Newhall, California has a diverse demographic profile, with a mix of young professionals, families, and retirees. The community is known for its friendly atmosphere and vibrant cultural scene. Residents enjoy access to top-rated schools, healthcare facilities, and recreational amenities. The housing market in Newhall, California is competitive yet offers a variety of options for buyers. With the assistance of FHA Down Payment Assistance Home Loans, individuals can explore affordable housing options in the area. The market features a mix of single-family homes, townhouses, and condominiums. Main attractions in Newhall include the historic William S. Hart Park and Museum, offering insights into the area's cowboy heritage. The beautiful Placerita Canyon Nature Center attracts outdoor enthusiasts with its hiking trails and wildlife. Additionally, the local dining scene features a mix of eclectic eateries and traditional restaurants.
The Benefits of FHA Down Payment Assistance Home Loan in Newhall, California
