Archive | Down Payment Assistance

Dream Makers Grant Veteran Military Home buyers

Dream Makers Homebuyer Assistance Grant for Veterans and Military

The Dream Makers first time homebuyer grant provides up to $5,000 in closing cost and/or down payment assistance for qualified Veterans and military service members with low to moderate income. The Dream Makers grant assists our nations heroes who are unable to afford the required closing costs or possible down payment needed to achieve homeownership. […]

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HELP Down Payment Assistance Grant

The HELP down payment assistance grant is a homebuyer assistance program for California residents with moderate income.  The HELP homebuyer assistant grant provides opportunities for sustainable and responsible homeownership for people who need assistance with paying closing costs or meeting the minimum down payment requirement. The HELP down payment assistance program provides up to 4.5% […]

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California 1% Down Payment Conventional Mortgage Program

The California 1% down payment Conventional Equity Boost mortgage program is designed to help homebuyers with good credit and moderate income overcome their lack of down payment and qualify for affordable financing. The Conventional 1% down mortgage uses the Freddie Mac HomePossible Advantage loan with additional qualifying criteria that only requires a buyer contribute 1% […]

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How to qualify for down payment assistance

How to Qualify for Down Payment Assistance

Learning how to qualify for a down payment assistance program in California is a frustrating and confusing experience for most first time home buyers.  This article will help you understand what the criteria are and how to qualify for a down payment assistance program. Most home buyers give up after their first few inquiries and wonder why […]

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HomePath Ready Buyer Program

Fannie Mae’s HomePath® Ready Buyer™ Program provides up to 3% closing cost assistance for qualified creditworthy first time home buyers. The purpose of Fannie Mae’s HomePath Ready Buyer Program is to educate first time home buyers to help them better understand the home buying process……essentially to make better buying decisions which, which in theory, should create […]

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MyHOME down payment assistance

CalHFA MyHome Assistance Program

What is the CalHFA MyHome Assistance Program? CalHFA announced a new first time homebuyer assistance program that can be used for down payment or as closing cost assistance. CalHFA’s MyHome Assistance program provides 3.5% of the sale price in the form of a ‘silent second’ loan with payments deferred for 30 years.  This 3.5% assistance […]

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Golden State Finance Authority Homebuyer Assistance Programs

The Golden State Finance Authority (GSFA) is a California housing finance agency and public entity that supports affordable homeownership with down payment and closing cost assistance programs for low to moderate wage income homebuyers in California. Formerly known as CHF (or CRHMFA – California Rural Home Mortgage Finance Authority), GSFA homebuyer assistance programs have helped […]

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