Anywhere in CA – Under Construction

The first thing that you will want to know about Down Payment Assistance Programs, is that they are restrictive by location.  Since these programs are developed to promote homeownership in particular areas, it follows that they can only be used within the eligible areas.

Some of these areas are defined by City borders, County borders, specific subdivisions or even particular census tracts.  This can sometimes become frustrating because the house that you want to buy might qualify if it was on “this side of the street”, but does not qualify because its located on “that side of the street”.

xTopics Series 1

Benefits of being a first time homebuyer (link to DPA page)
How do I need to prepare to buy my first home?
What basic infomation do I need to know about mortgage loans
How is my mortgage application evaluated ?

xTopics Series 2

How can I estimate the approximate amount that I can borrow ?
How can I find a home that meet my wants and needs ?
What is the next step ?
VIDEO TRAINING TOUR

To help those who prefer not to be retricted by geographical location – we have programs that can be used to to buy – Anywhere in California.

3% Grant-1/2% Down | 3% Loan-1% Down | 3% Closing Cost Loan
Boost Your Qualifying with MCC

One program provides a 3% GRANT that can be used for Down Payment or Closing Costs and ONLY requires a 1/2% down paymentLearn More

Another program provides a 3% LOAN that does not require any monthly payments, this program requires a 1% down payment. Learn More

Which is better for you ?

That depends on your unique situation.  Ask The Loan Expert

or complete the 3 minute Mini-Application

 

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