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 Pico Rivera, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pico Rivera, CA provides a financial boost to eligible homebuyers in Pico Rivera, 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 Pico Rivera, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pico Rivera, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, 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: An FHA loan with down payment assistance in Pico Rivera can help first-time homebuyers by reducing the initial financial burden. This program allows for lower down payments, making homeownership more accessible. Demographics: Pico Rivera is a diverse city in Los Angeles County with a population of approximately 63,522 residents. The community is known for its rich cultural heritage, with a mix of Hispanic, White, and Asian residents contributing to its vibrant tapestry. Housing Market: Pico Rivera's housing market is dynamic, offering a range of options from single-family homes to apartments. The median home value is around $500,000, making it an attractive location for prospective homebuyers looking for affordable housing options. Main Attractions: The city boasts various attractions, including the Pico Rivera Sports Arena, which hosts rodeos and concerts, and the Pio Pico State Historic Park, offering a glimpse into the area's history. Residents also enjoy convenient access to nearby Los Angeles for entertainment and cultural experiences.
FHA Down Payment Assistance Home Loan in Pico Rivera, California
