Archive | Down Payment Assistance

HomePathAssistanceProgram

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), Golden State Finance Authority (GSFA) assistance […]

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SCHFA First Home Mortgage Assistance Program

The Southern California Home Financing Authority’s (SCHFA) First Home Mortgage Program provides a 4% down payment assistance grant for first time homebuyers in Orange County, California. The SCHFA homebuyer assistance program is a true first time homebuyer grant that will help eligible buyers in Orange County, CA and Los Angeles County overcome the largest obstacle to buying […]

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CityLIFT Down Payment Assistance for the Inland Empire

The CityLIFT Down Payment Assistance (DPA) program provides $15,000 to eligible home buyers for Inland Empire’s Riverside County cities of Corona, Riverside, Moreno Valley, and San Bernadino County cities of Fontana and San Bernardino. The $15,000 CityLIFT funds are actually a ‘soft second’ mortgage which are then forgiven (free money) after the borrower has occupied […]

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