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 Verdugo City, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Verdugo City, CA provides a financial boost to eligible homebuyers in Verdugo 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.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Verdugo City, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Verdugo City, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Verdugo City, 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 Verdugo City, 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 Verdugo City, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Verdugo City, 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 Verdugo 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.
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 Verdugo 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.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
The FHA Down Payment Assistance Home Loan in Verdugo City, California offers several benefits, making homeownership more accessible. This program allows qualified buyers to secure a home with a lower down payment, typically around 3.5%, easing the financial burden of purchasing a property. Demographically, Verdugo City is a diverse community with a mix of ages and backgrounds. The population consists of young families, professionals, and retirees, creating a vibrant and welcoming atmosphere. The area is known for its excellent school system, making it an attractive option for families looking to settle down. In terms of the housing market, Verdugo City offers a range of options from cozy bungalows to modern apartments. The market is stable with steady appreciation rates, making it a sound investment for buyers. The FHA loan assists in making these properties more affordable, allowing individuals to enter the market with ease. Main attractions in Verdugo City include the beautiful Verdugo Park, perfect for outdoor activities and picnics. The nearby shopping centers and restaurants provide convenient amenities for residents. Additionally, the city's close proximity to Los Angeles offers easy access to job opportunities and entertainment options.
FHA Down Payment Assistance Home Loan in Verdugo City, California
