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 Rosemead, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rosemead, CA provides a financial boost to eligible homebuyers in Rosemead, 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 Rosemead, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rosemead, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rosemead, 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 Rosemead, 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 Rosemead, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rosemead, 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 Rosemead, 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 Rosemead, 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: The FHA loan program offers benefits such as low down payments, flexible credit score requirements, and competitive interest rates, making homeownership more achievable for individuals in Rosemead. Demographics: Rosemead is a diverse city with a mix of Asian, Hispanic, and White populations. The median household income is around $56,000, and the median home value is approximately $600,000. The city has a strong sense of community and is known for its cultural diversity. Housing Market: Rosemead's housing market is competitive, with a high demand for single-family homes and townhouses. The average home price has been steadily increasing, making it a good investment opportunity for buyers. The FHA loan can help first-time homebuyers navigate the market. Main Attractions: Rosemead is home to attractions like the renowned San Gabriel Mission, Whittier Narrows Recreation Area, and various parks offering outdoor activities. The city has a vibrant culinary scene with diverse restaurants serving authentic cuisines.
FHA Down Payment Assistance Home Loan in Rosemead, California
