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 Studio City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Studio City, CA provides a financial boost to eligible homebuyers in Studio City, 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 Studio City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Studio City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Studio City, 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 Studio City, 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 Studio City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Studio City, 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 Studio City, 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 Studio City, 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: A FHA Down Payment Assistance Home Loan in Studio City, California offers lower down payment requirements, competitive interest rates, and greater accessibility to first-time homebuyers. Demographics: Studio City, known for its affluent residents, has a population of around 38,000 people. The median household income is $120,000 and the median age is 40. Housing Market: Studio City's housing market is competitive with a median home value of $1.2 million. The market is stable with a mix of historic homes and modern developments. Main Attractions: Studio City is home to popular attractions like Universal Studios Hollywood, CBS Studio Center, and the scenic Fryman Canyon Park, offering residents a blend of entertainment and outdoor activities.
FHA Down Payment Assistance Home Loan in Studio City, California
