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 Sherman Oaks, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sherman Oaks, CA provides a financial boost to eligible homebuyers in Sherman Oaks, 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 Sherman Oaks, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sherman Oaks, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sherman Oaks, 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 Sherman Oaks, 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 Sherman Oaks, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sherman Oaks, 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 Sherman Oaks, 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 Sherman Oaks, 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 provide opportunities for individuals in Sherman Oaks to purchase homes with lower down payments, making homeownership more accessible. Demographics of Sherman Oaks include a diverse population with a mix of families, young professionals, and retirees. The area boasts excellent schools, safe neighborhoods, and a strong sense of community. The housing market in Sherman Oaks is competitive, with a range of housing options from single-family homes to luxury residences. The assistance programs can help buyers navigate this market and secure affordable financing. Main attractions in Sherman Oaks include the Sherman Oaks Galleria, a popular shopping and entertainment destination, as well as beautiful parks, trendy restaurants, and easy access to hiking trails in the nearby Santa Monica Mountains.
Benefits of FHA Down Payment Assistance Home Loan in Sherman Oaks, California
