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 Reseda, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Reseda, CA provides a financial boost to eligible homebuyers in Reseda, 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 Reseda, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Reseda, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Reseda, 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 Reseda, 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 Reseda, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Reseda, 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 Reseda, 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 Reseda, 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 loan in Reseda, California offers benefits such as lower down payment requirements compared to conventional loans, making homeownership more accessible to individuals with limited savings. Demographically, Reseda is a diverse neighborhood in Los Angeles with a large Hispanic population. The community is known for its welcoming atmosphere and strong sense of community. In terms of the housing market, Reseda offers a range of options from single-family homes to apartments, catering to different preferences and budgets. The market is stable with moderate price appreciation over the years. Main attractions in Reseda include the beautiful Reseda Park, known for its recreational facilities, and the Reseda Boulevard commercial corridor offering a variety of shops and restaurants.
Benefit of FHA Down Payment Assistance Home Loan in Reseda, California
