Archive | Down Payment Assistance

Chenoa Fund downpayment assistance program

Chenoa Fund Downpayment Assistance Program

The Chenoa Fund downpayment assistance loan program offers 100% affordable financing for buyers who can meet basic minimum credit requirements and lack sufficient funds for a down payment. The Chenoa Fund homebuyer assistance program offers two unique down payment assistance programs, Chenoa Fund Advantage and Chenoa Fund Edge, to meet the needs of today’s homebuyers. […]

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CalHFA Teacher Employee homebuyer assistance

CalHFA School Teacher and Employee Assistance Program

CalHFA announced the new School Teacher and Employee Assistance Program (STEAP) to aid in the purchase of a home in California.   Eligible homebuyers who qualify for down payment assistance must be first time homebuyers employed at any K-12 California public or charter school, school district offices, and county or continuation schools.  STEAP is available to […]

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Community Home Advantage Assistance Program

Community Home Advantage Program (CHAP)

The Community Home Advantage Program (CHAP) is a community based homebuyer assistance program designed to expand the availability of credit and promote fair and affordable lending to homeowners and homebuyers purchasing a home in targeted communities, cities and zip codes within California. The CHAP Community Home Advantage Program provides a .50% to 1.00% discount to the […]

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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-california-hombuyer-grant

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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1-perecnt-down-conventional-mortgage

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 either the Freddie Mac HomePossible Advantage loan or Fannie Mae’s HomeReady loan, with additional qualifying criteria, that […]

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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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