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 Venice, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Venice, CA provides a financial boost to eligible homebuyers in Venice, 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 Venice, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Venice, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Venice, 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 Venice, 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 Venice, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Venice, 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 Venice, 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 Venice, 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 in Venice, California offer numerous advantages to first-time homebuyers. These loans require a lower down payment, making homeownership more accessible. Additionally, they often have lower interest rates, reducing the overall cost of the loan. Demographics in Venice, California, show a diverse and vibrant community. With a mix of artists, professionals, and families, the neighborhood boasts a unique cultural blend. The median age in Venice is around 35 years old, reflecting a younger population drawn to the area's creativity and beachside lifestyle. The housing market in Venice, California, is competitive but offers a range of options. From historic bungalows to modern beachfront properties, there is something for every taste and budget. While prices can be high, the allure of living by the ocean and the strong sense of community make Venice a desirable place to call home. Main attractions in Venice, California, include the famous Venice Beach Boardwalk, known for its eclectic vendors and street performers. Abbot Kinney Boulevard offers upscale shopping and dining, while the Venice Canals provide a peaceful retreat from the bustling city life. The vibrant arts scene and proximity to Silicon Beach make Venice a hub of creativity and innovation.
Benefits of FHA Down Payment Assistance Home Loan in Venice, California
