Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Westwood, CA

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 Westwood, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Westwood, CA?

Our Down Payment Assistance program in Westwood, CA provides a financial boost to eligible homebuyers in Westwood, 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.

Forgivable grant for FHA loans in Westwood, CA

Key Features of Our FHA Down Payment Assistance in Westwood, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Westwood, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Westwood, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Westwood, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Westwood, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Westwood, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Westwood, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Westwood, 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.

First-time homebuyer FHA assistance in Westwood, CA
Start Your Journey Today

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 Westwood, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Westwood, California

One of the primary benefits of the FHA Down Payment Assistance home loan program in Westwood, California, is the opportunity for first-time homebuyers to qualify for a mortgage with a lower down payment requirement. This program helps individuals and families achieve homeownership by offering assistance with the upfront costs.

Demographically, Westwood is a vibrant neighborhood known for its diverse community and family-friendly environment. The area has a mix of residents ranging from young professionals to families and retirees, creating a rich tapestry of cultures and backgrounds.

In terms of the housing market, Westwood has seen steady growth in property values over the years, making it an attractive investment for homebuyers. The FHA Down Payment Assistance program can help prospective buyers navigate the market and secure a home in this desirable area.

Main attractions in Westwood include the iconic UCLA campus, which brings a youthful energy to the neighborhood, as well as the picturesque Holmby Park and the vibrant Westwood Village shopping and dining district, offering residents a variety of entertainment options.

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