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 Pacoima, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pacoima, CA provides a financial boost to eligible homebuyers in Pacoima, 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 Pacoima, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pacoima, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pacoima, 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 Pacoima, 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 Pacoima, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pacoima, 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 Pacoima, 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 Pacoima, 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 offer numerous benefits to homebuyers in Pacoima, California. These loans help individuals achieve homeownership with a lower down payment requirement, making it more accessible for first-time buyers and those with limited savings to enter the housing market. Demographics in Pacoima show a diverse community with a majority Hispanic population. The area has a mix of young families, working professionals, and retirees, creating a vibrant and inclusive neighborhood. With the support of FHA loans, more residents can afford to buy homes and invest in their future. The housing market in Pacoima is dynamic, with a range of affordable options for buyers. The FHA Down Payment Assistance program can make it easier for individuals to qualify for mortgages and secure their dream home in this up-and-coming area. With low-interest rates and favorable terms, now is a great time to buy in Pacoima. Pacoima offers various attractions, including beautiful parks, hiking trails, and cultural events that showcase the area's rich heritage. Residents can enjoy shopping at local markets, dining at diverse restaurants, and exploring nearby attractions like the Nethercutt Museum. Living in Pacoima provides a unique blend of urban convenience and natural beauty.
Benefits of FHA Down Payment Assistance Home Loan in Pacoima, California
