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 Van Nuys, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Van Nuys, CA provides a financial boost to eligible homebuyers in Van Nuys, 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 Van Nuys, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Van Nuys, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Van Nuys, 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 Van Nuys, 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 Van Nuys, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Van Nuys, 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 Van Nuys, 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 Van Nuys, 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 several benefits to homebuyers in Van Nuys, California. These loans have lower down payment requirements, making homeownership more accessible to a wider range of individuals. Additionally, they often have lower interest rates compared to conventional loans, reducing overall borrowing costs. Van Nuys, California, has a diverse population with a mix of cultures and backgrounds. The area is known for its vibrant community, excellent schools, and close proximity to major employment centers. The demographics of Van Nuys reflect a melting pot of different ethnicities, contributing to a rich tapestry of traditions and experiences. The housing market in Van Nuys is dynamic, offering a range of options from single-family homes to condominiums. With the assistance of FHA loans, potential buyers can explore various properties that suit their needs and preferences. The market is competitive, with a mix of new developments and established neighborhoods. Some main attractions in Van Nuys include the Van Nuys Sherman Oaks Park, which offers recreational activities for all ages, and the Japanese Garden, a tranquil oasis perfect for relaxation. Additionally, the area boasts shopping centers, restaurants, and easy access to major freeways for convenient travel.
Benefits of FHA Down Payment Assistance Home Loan in Van Nuys, California
