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 San Fernando, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Fernando, CA provides a financial boost to eligible homebuyers in San Fernando, 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 San Fernando, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Fernando, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Fernando, 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 San Fernando, 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 San Fernando, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Fernando, 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 San Fernando, 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 San Fernando, 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.
One of the primary benefits of an FHA Down Payment Assistance Home Loan in San Fernando, California is the lower down payment requirement, making home ownership more accessible to a wider range of individuals and families. This program also offers competitive interest rates, helping borrowers save money over the life of the loan. San Fernando, California, is a diverse community with a population that includes a mix of Hispanic, White, and Asian residents. The city has a rich cultural heritage and a warm Mediterranean climate, making it an attractive place to live for people of all backgrounds. The housing market in San Fernando is characterized by a mix of single-family homes, townhouses, and apartments. The median home price is relatively affordable compared to other parts of California, making it an ideal location for first-time homebuyers or those looking to downsize. Some of the main attractions in San Fernando include the San Fernando Mission, the Andres Pico Adobe, and the city's beautiful parks and recreational facilities. Residents can also enjoy easy access to the nearby mountains for hiking and outdoor activities.
Benefits of FHA Down Payment Assistance Home Loan in San Fernando, California
