Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Universal City, 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 Universal City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Universal City, CA?

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

Forgivable grant for FHA loans in Universal City, CA

Key Features of Our FHA Down Payment Assistance in Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal City, 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 Universal 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.

First-time homebuyer FHA assistance in Universal City, 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 Universal 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.

Get in Touch

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

FHA Down Payment Assistance in Universal City, California

Benefits: FHA Down Payment Assistance home loans in Universal City provide a great opportunity for first-time homebuyers to achieve homeownership with a lower down payment requirement, lower credit score thresholds, and competitive interest rates.

Demographics: Universal City, California, boasts a diverse population with a blend of cultures and backgrounds. The city has a strong sense of community and offers residents a vibrant and inclusive living environment.

Housing Market: The housing market in Universal City is dynamic, with a mix of residential properties ranging from cozy condos to spacious single-family homes. The market offers a variety of options to cater to different preferences and budgets.

Main Attractions: Universal City is home to the famous Universal Studios Hollywood, a major entertainment destination attracting millions of visitors annually. The city also offers beautiful parks, shopping centers, and a variety of dining options, making it a desirable place to live and visit.

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