Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Sun Valley, CA

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 Sun Valley, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Sun Valley, CA?

Our Down Payment Assistance program in Sun Valley, CA provides a financial boost to eligible homebuyers in Sun Valley, 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.

Forgivable grant for FHA loans in Sun Valley, CA

Key Features of Our FHA Down Payment Assistance in Sun Valley, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Sun Valley, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Sun Valley, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Sun Valley, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Sun Valley, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Sun Valley, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Sun Valley, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Sun Valley, 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.

First-time homebuyer FHA assistance in Sun Valley, CA
Start Your Journey Today

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 Sun Valley, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan Benefits in Sun Valley, California

The FHA Down Payment Assistance Home Loan in Sun Valley, California offers several advantages. First and foremost, it allows individuals with a lower credit score to qualify for a home loan. Additionally, this program provides assistance for the down payment, making homeownership more accessible to a wider range of people.

Sun Valley, California, is a diverse community with a growing population. The area boasts a mix of cultures, including Hispanic, Armenian, and Caucasian residents. The median household income is above the national average, showcasing a stable economy and promising living conditions.

The housing market in Sun Valley is competitive yet affordable. With the assistance of FHA loans, more individuals can afford to purchase homes in the area. The market offers a variety of housing options, from single-family homes to apartments, catering to different preferences and budgets.

Sun Valley is known for its beautiful parks, such as Sun Valley Park and Stonehurst Recreation Center, providing green spaces for residents to relax and unwind. The area also offers easy access to outdoor activities like hiking in the Angeles National Forest and visiting local attractions like the Hollywood Walk of Fame.

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