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 Seal Beach, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Seal Beach, CA provides a financial boost to eligible homebuyers in Seal Beach, 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 Seal Beach, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Seal Beach, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Seal Beach, 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 Seal Beach, 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 Seal Beach, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Seal Beach, 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 Seal Beach, 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 Seal Beach, 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 loans offer numerous benefits for homebuyers in Seal Beach, California. These loans allow for a lower down payment requirement, making homeownership more accessible to individuals who may not have significant savings for a traditional down payment. Additionally, FHA loans often have lower credit score requirements, providing opportunities for individuals with less-than-perfect credit to qualify for a home loan. Demographically, Seal Beach is a vibrant coastal community in Orange County, known for its picturesque beaches, family-friendly atmosphere, and a mix of retirees and young professionals. The city has a population of around 25,000 residents and boasts a diverse community with a strong sense of civic pride and involvement. The housing market in Seal Beach is competitive yet offers a variety of options for potential homebuyers. With the assistance of FHA loans, individuals can explore a range of housing choices, from cozy beachside cottages to modern condominiums. The market is stable, with steady appreciation rates, making Seal Beach a desirable location for both investors and homeowners seeking long-term growth. Some main attractions in Seal Beach include the iconic Seal Beach Pier, which offers stunning views of the coastline and is a popular spot for fishing and leisurely strolls. Main Street is lined with charming shops, restaurants, and cafes, providing a vibrant hub for locals and visitors alike. The city also hosts annual events such as the Kite Festival and Classic Car Show, adding to its unique charm and community spirit.
Benefits of FHA Down Payment Assistance Home Loan in Seal Beach, California
