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 Valencia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Valencia, CA provides a financial boost to eligible homebuyers in Valencia, 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 Valencia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Valencia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Valencia, 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 Valencia, 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 Valencia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Valencia, 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 Valencia, 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 Valencia, 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 Home Loans offer numerous benefits to homebuyers in Valencia, California. One of the key advantages is the lower down payment requirement which can help make homeownership more accessible to individuals who may not have substantial savings for a down payment. This program also provides competitive interest rates, making it an attractive option for first-time homebuyers. Demographics in Valencia, California show a diverse and vibrant community. With a mix of young families, professionals, and retirees, Valencia offers a welcoming environment for residents of all ages. The area is known for its excellent schools, shopping centers, and recreational facilities, making it an ideal place to raise a family or enjoy retirement. The housing market in Valencia, California is characterized by a strong demand for housing, particularly due to its desirable location and amenities. While median home prices have been steadily increasing, the FHA Down Payment Assistance Home Loan can help mitigate the financial burden for prospective buyers. This program allows individuals to purchase homes in Valencia with more manageable financial commitments. Main attractions in Valencia, California include the iconic Six Flags Magic Mountain amusement park, which draws visitors from near and far. Additionally, the scenic paseos and bike trails offer outdoor enthusiasts ample opportunities for recreation and relaxation. With its close proximity to Los Angeles, Valencia provides residents with access to a wide range of cultural and entertainment options.
Benefits of FHA Down Payment Assistance Home Loan in Valencia, California
