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 Palos Verdes Peninsula, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Palos Verdes Peninsula, CA provides a financial boost to eligible homebuyers in Palos Verdes Peninsula, 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 Palos Verdes Peninsula, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Palos Verdes Peninsula, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Palos Verdes Peninsula, 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 Palos Verdes Peninsula, 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 Palos Verdes Peninsula, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Palos Verdes Peninsula, 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 Palos Verdes Peninsula, 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 Palos Verdes Peninsula, 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.
Benefits of FHA Down Payment Assistance Home Loan FHA loans provide a low down payment option, making homeownership more accessible for first-time buyers. Down payment assistance programs can help cover upfront costs, reducing financial burden on buyers. FHA loans often offer competitive interest rates, assisting in long-term affordability. Demographics Palos Verdes Peninsula boasts a predominantly affluent population, with a high median household income. The community is known for its top-ranked schools, making it an attractive location for families. There is a mix of professionals, retirees, and families residing in the area. Housing Market The housing market in Palos Verdes Peninsula is competitive, with a range of luxury homes and estates. Property values have remained strong in recent years, offering good investment potential. There is a variety of housing options, from upscale neighborhoods to ocean-view properties. Main Attractions Palos Verdes offers stunning coastal views and access to beautiful beaches for outdoor enthusiasts. The area is home to several golf courses, parks, and nature reserves, providing ample recreational opportunities. Residents can enjoy upscale shopping, dining, and cultural experiences in the nearby cities.
FHA Down Payment Assistance Home Loan in Palos Verdes Peninsula, California
