Now a days it's harder than ever to save up for a Down payment, especially with the cost of Rent rapidly rising. Well there are alternatives, and one of them is this great program available. Programs such as these are extremely important today
Special Down payment assistance program that can provide You with a Non Repayable grant up to 5%for YOUR down payment or closing costs.
This is the GSFA Platinum Program.
- Helps low to moderate income home buyers
- SFR (Single Family Residence), Condos and Multiple Family Financing
- Not limited to First time home buyers
- FICO score requirement is 640 and up
- Loan Amounts up to $417,700 both in LA and Orange County
- Non Repayable Grant up to 5% For Down payment/ closing costs
- Can be used with a Mortgage Credit Certificate
- Income Limits up to $95,060 in LA County
- Up to $98,785 in Orange County
- Low monthly Mortgage Insurance
- Energy Efficient Financing available
- Competitive Rates
- Primary residence only
*For Low and No Payment programs qualifying or other factors or restrictions may apply
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