There is a common thought among would be home buyers that you must have $10,000 to $20,000 to purchase a home, this is absolutely NOT true. The purpose of this page is to help you understand that there are many programs available that help reduce the amounts needed for a down payment, some programs that allow low interest 2nd loans and still others that offer grants that may not need to be paid back.
Experience has shown me that the #1 reason people are not buying a home is simply because they do not know about these programs and are simply not aware that they can in fact own a home. There are many programs available, thousands, and each one has it's certain qualifications, however, it's my experience that most home buyers would have a choice of 4 or more.
There are programs designed to help the "low to moderate income" , with income limits up into the $90,000's ! There are also specialty programs for Teachers, Police Officers, Fire fighters, Health Care Employees, Veterans, etc. All of these loan programs are designed to help you buy a home, many are sponsored by local county agencies, others are non profits. Let's take a look at a few of the programs, however, keep in mind that everyone's situation is different and because of this the best way to find out exactly what you qualify for is to contact us and let us show you.
Second mortgage: This is combined with the FHA loan for up to three (3%) of the sales price/appraised value
CALPLUS - Used with FHA Program
The CalPLUS FHA program is a first mortgage loan insured by the Federal Housing Administration. The interest rate on the CalPLUS FHA is fixed throughout the 30-year term. The CalPLUS FHA is combined with a CalHFA Zero Interest Program (ZIP), which is a deferred-payment junior loan of 3.5% of the first mortgage loan amount, for down payment assistance.
CITYLIFT DOWN PAYMENT ASSISTANCE - with FHA
Maximum amount is $15,000
Deferred 5 year zero interest rate, forgivable loan
Do NOT have to be a first time homebuyer
Owning a home is something we all want and with these programs it is possible, unfortunately most people just don't realize these programs exist. These are just a few of the thousands available, it's time to stop throwing money away on a rental. Please take a minute to share this with your family and friends, because rental prices are often higher than making a house payment you'll be doing them a huge favor.
Find out which program you'll qualify for by contacting us today:
You can send an email to - Homeinquiry@aol.com
Call Ryan directly at (909) 781-4001
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What Buyer's Want ...