To check housing purchase eligibility in Los Angeles, homebuyers must first assess their credit score (target: 620+), calculate debt-to-income ratio (ideally below 43%), and explore local programs like the Los Angeles County First-Time Homebuyers Program (up to $100,000 in assistance). Contacting a certified housing counselor or mortgage lender is recommended to navigate FHA, VA, or conventional loan requirements.

Los Angeles homebuyers face unique challenges due to high median home prices ($730,000 in 2023) and stringent mortgage criteria. A credit score below 620 can exclude eligibility for conforming loans, while a debt-to-income ratio exceeding 43% may disqualify FHA loans. The Los Angeles County First-Time Homebuyers Program, offering up to $100,000 in assistance with a 3% down payment, addresses affordability gaps for low- to moderate-income buyers (California Housing Finance Agency, 2023). FHA loans require a 580+ score and 3.5% down payment, but Los Angeles buyers often need larger down payments due to higher home prices. Data from the Federal Housing Administration shows 65% of LA County homebuyers used mortgage assistance programs in 2022 to meet down payment requirements. Lenders also emphasize stable employment (minimum 2-year history) and proof of income (typically 2 years of tax returns). These steps ensure buyers meet legal, financial, and program-specific criteria to avoid default risks and qualify for competitive loan terms.