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 North Hills, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in North Hills, CA provides a financial boost to eligible homebuyers in North 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 North Hills, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in North Hills, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in North 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 North 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 North Hills, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in North 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 North 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 North 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.
First and foremost, an FHA Down Payment Assistance Home Loan in North Hills, California, provides aspiring homeowners with the opportunity to purchase a home with a lower down payment requirement compared to conventional loans. This makes homeownership more accessible to individuals who may not have substantial savings for a large down payment. Additionally, FHA loans often have more flexible qualification requirements, making it easier for individuals with less-than-perfect credit to qualify. Demographics: North Hills, located in the San Fernando Valley region of Los Angeles, California, is a diverse community with a mix of young professionals, families, and retirees. The area boasts a rich cultural tapestry with a significant Hispanic and Latino population, contributing to a vibrant community atmosphere. Housing Market: The housing market in North Hills, California, offers a range of options from single-family homes to apartments and townhouses. The area has seen steady growth in property values over the years, making it an attractive investment opportunity for both first-time homebuyers and seasoned investors alike. Main Attractions: North Hills is home to several parks and recreational facilities, providing residents with ample opportunities for outdoor activities. Additionally, the area is conveniently located near popular attractions such as Balboa Park, the Getty Museum, and Universal Studios Hollywood, offering a perfect blend of suburban tranquility and urban convenience.
The Benefits of FHA Down Payment Assistance Home Loan in North Hills, California
