Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Pacific Palisades, CA

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 Pacific Palisades, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Pacific Palisades, CA?

Our Down Payment Assistance program in Pacific Palisades, CA provides a financial boost to eligible homebuyers in Pacific Palisades, 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.

Forgivable grant for FHA loans in Pacific Palisades, CA

Key Features of Our FHA Down Payment Assistance in Pacific Palisades, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Pacific Palisades, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Pacific Palisades, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Pacific Palisades, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Pacific Palisades, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Pacific Palisades, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Pacific Palisades, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Pacific Palisades, 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.

First-time homebuyer FHA assistance in Pacific Palisades, CA
Start Your Journey Today

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 Pacific Palisades, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan Benefits in Pacific Palisades, California

FHA Down Payment Assistance home loans in Pacific Palisades provide opportunities for first-time homebuyers to achieve homeownership with a lower down payment. This program can help individuals and families with limited savings to secure a home in this coveted location.

Demographics in Pacific Palisades are characterized by a mix of affluent residents who value the area's natural beauty, excellent schools, and proximity to Los Angeles. The community attracts families, professionals, and retirees seeking a high quality of life in a scenic coastal setting.

The housing market in Pacific Palisades offers a range of properties, from luxurious estates to stylish condominiums. Property values have remained strong, reflecting the desirability of the area. With an FHA Down Payment Assistance loan, buyers can access the market with reduced upfront costs.

Main attractions in Pacific Palisades include the iconic Getty Villa, stunning beaches like Will Rogers State Beach, and scenic hiking trails in the Santa Monica Mountains. Residents also enjoy upscale shopping and dining options along Sunset Boulevard and Pacific Coast Highway.

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