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 Westlake Village, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Westlake Village, CA provides a financial boost to eligible homebuyers in Westlake Village, 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 Westlake Village, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Westlake Village, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Westlake Village, 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 Westlake Village, 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 Westlake Village, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Westlake Village, 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 Westlake Village, 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 Westlake Village, 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 Loan in Westlake Village, California offers several benefits such as lower down payment requirements, competitive interest rates, and easier qualification criteria for first-time homebuyers. This program can help individuals achieve homeownership with more affordable terms and less financial strain. Westlake Village, California, is a suburban community known for its picturesque landscapes, family-friendly environment, and excellent school districts. The area boasts a higher median household income compared to the national average, making it an attractive location for young professionals and families looking to settle down. In terms of the housing market, Westlake Village offers a diverse range of real estate options, including single-family homes, townhouses, and condominiums. The market is characterized by steady appreciation rates, low inventory levels, and high demand, making it a seller's market. With the assistance of FHA loans, prospective homebuyers can navigate the competitive market and secure their dream home in this coveted area. Main attractions in Westlake Village include the scenic Westlake Lake, which offers activities such as boating and fishing, and the upscale retail and dining destination of The Promenade at Westlake. Outdoor enthusiasts can enjoy hiking trails in the nearby Santa Monica Mountains, while golf enthusiasts can tee off at the renowned Westlake Golf Course.
Benefits of FHA Down Payment Assistance Home Loan in Westlake Village, California