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 Whittier, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Whittier, CA provides a financial boost to eligible homebuyers in Whittier, 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 Whittier, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Whittier, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Whittier, 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 Whittier, 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 Whittier, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Whittier, 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 Whittier, 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 Whittier, 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 programs offer various benefits to potential homebuyers in Whittier, California. These loans require lower down payments, making homeownership more accessible to individuals with limited savings. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to qualify for a mortgage. This opens up more opportunities for people in Whittier to own a home and build equity. Moreover, FHA loans typically have competitive interest rates, making them an attractive option for first-time homebuyers in Whittier looking to achieve their homeownership dreams without breaking the bank. Demographics Whittier, California, has a diverse population with a mix of cultures and backgrounds. The city has a family-friendly environment, with many young professionals and families choosing to settle down here due to its good schools and community amenities. Housing Market The housing market in Whittier is vibrant, with a mix of historic homes and modern developments. The city offers a range of housing options, from single-family homes to apartments, catering to different budgets and preferences. Main Attractions Whittier is known for its cultural attractions, including the Whittier Museum, which showcases the city's history, and Parnell Park, a popular outdoor recreational spot. The city also offers a variety of dining and shopping options in its vibrant downtown area.
Benefits of FHA Down Payment Assistance Home Loan in Whittier, California
