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 Sunland, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sunland, CA provides a financial boost to eligible homebuyers in Sunland, 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 Sunland, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sunland, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sunland, 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 Sunland, 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 Sunland, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sunland, 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 Sunland, 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 Sunland, 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 main benefits of an FHA down payment assistance home loan is the lower down payment requirement, making homeownership more accessible. Additionally, this type of loan offers competitive interest rates and flexible credit requirements, benefitting first-time homebuyers in Sunland. Sunland, located in Los Angeles, boasts a diverse population with a mix of families, young professionals, and retirees. The area's median household income is above the national average, reflecting a stable economy and promising real estate market. The housing market in Sunland is thriving, with a range of property options from single-family homes to modern apartments. The median home value has been steadily increasing, making it an attractive investment opportunity for buyers seeking long-term growth. Main attractions in Sunland include the picturesque Sunland Park, offering outdoor activities such as hiking and picnicking. The nearby Angeles National Forest provides residents with scenic vistas and recreational opportunities, adding to the area's appeal.
FHA Down Payment Assistance Home Loan in Sunland, California