MGB Financial Services, Inc
18300 Gridley Road, Suite I
Artesia, CA 90701
Phone No: 562-809-2643 / Fax No: 562-809-0644
Email: loan@mgbfinancial.com
BRE# 00984310
NMLS# 257-608 / 280-127
For First-Time Home Buyers- Down Payment Assistance
Government loan programs--that only require HALF PERCENT down payment!
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Who is eligible for this program?
First-time home buyers purchasing any kind of home -
What is the definition of a first-time home buyer?
The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase.
Other Requirements:
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Seller can pay all closing costs- allowed by FHA.
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CA properties only
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Low FICO scores , even NO FICO score permitted for qualified buyers
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The program basically involves TWO loans. The first loan is 96% and second loan is for 3%.
For example if someone is buying a $200,000 house……….. $1000 dollars for down payment? -
Must meet program other guidelines.
and fax it back to ushereFor Pre-qualification, please fill out the formor to receive the form, please fill out your information.
CALL FOR OUR OTHER DOWN PAYMENT ASSISTANCE PROGRAMS
Prequalification Form
Start Your Pre-Qualification Application
Why Pre-Qualify with Us?
- Get pre-qualified quickly — no complicated paperwork or long waits.
- Shop with Confidence — know your budget upfront and show sellers you’re a serious buyer.
- Soft Credit Check — protect your credit score; our pre-qualification won’t hurt it.
- Honest & Transparent — no hidden fees, just clear guidance to help you make smart investment decisions.
Ready to Get Started?
Fill out the application above to get pre-qualified for a purchase loan today!
It’s quick, secure, and helps you understand how much home you can afford.
Need Help?
If you have any questions or need assistance with the application, don’t hesitate to call us at 562-809-2643. We’re here to help every step of the way!