For First-Time Home Buyers- Down Payment Assistance
Government loan programs--that only require HALF PERCENT down payment!
- 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:
- Seller can pay all closing costs- allowed by FHA.
- CA properties only
- Low FICO scores , even NO FICO score permitted for qualified buyers
- 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. For Pre-qualification, please fill out the form here and fax it back to us
or to receive the form, please fill out your information.CALL FOR OUR OTHER DOWN PAYMENT ASSISTANCE PROGRAMS 800-331-4697 x 2865
Prequalification Form