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 Hollywood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in North Hollywood, CA provides a financial boost to eligible homebuyers in North Hollywood, 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 Hollywood, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in North Hollywood, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in North Hollywood, 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 Hollywood, 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 Hollywood, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in North Hollywood, 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 Hollywood, 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 Hollywood, 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 North Hollywood offer various benefits to homebuyers. These loans require a lower down payment, making homeownership more accessible. Additionally, they often have lower credit score requirements, enabling more individuals to qualify for financing. Demographics in North Hollywood, California, showcase a diverse community with a mix of young professionals, families, and creatives. The area boasts a vibrant arts and entertainment scene, attracting individuals from various backgrounds. In terms of the housing market, North Hollywood offers a range of options from cozy apartments to spacious single-family homes. The market is competitive, with a steady increase in property values over the years, making it an attractive investment opportunity. Main attractions in North Hollywood include the NoHo Arts District, filled with theaters, art galleries, and trendy eateries. The area is also home to Universal Studios Hollywood, providing entertainment for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in North Hollywood, California
