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 Topanga, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Topanga, CA provides a financial boost to eligible homebuyers in Topanga, 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 Topanga, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Topanga, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Topanga, 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 Topanga, 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 Topanga, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Topanga, 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 Topanga, 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 Topanga, 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 loans provide a valuable opportunity for first-time homebuyers in Topanga, California, to achieve homeownership with a lower initial investment. This program allows for a down payment as low as 3.5%, making it more accessible for those with limited funds for a down payment. Demographics in Topanga show a diverse community with a mix of families, artists, and professionals. The population includes a blend of various cultural backgrounds, contributing to a vibrant and inclusive atmosphere. The housing market in Topanga offers a mix of charming single-family homes and picturesque landscapes. With the assistance of FHA loans, homebuyers can explore affordable options in this scenic area while benefiting from stable property values and potential for equity growth. Topanga, California, is renowned for its natural beauty, including Topanga State Park, a popular destination for hiking and outdoor activities. The area's unique shops, local eateries, and cultural events contribute to a rich tapestry of experiences for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Topanga, California
