First Time Home Buyers

First Time Home Buyers & save thousands of dollars per year.

Down Payment assistance (DPA) for FHA Loans

The FHA Down Payment Assistance (DPA) loans offers 3.5 or 5 % with a repayable and forgivable option. For all products the borrower will need to have meet the criteria for credit and income
Repayable: This loan has a 10-year term with an interest rate 2% higher than the interest rate on the FHA first mortgage. This loan does require a monthly payment on the second mortgage.

First Time Home Buyers Process

Here’s how our First Time Home Buyers process works:

Step 1

Complete our simple mortgage pre-approval letter request

Step 2

Receive options based on your unique criteria and scenario

Step 3

Compare mortgage interest rates and terms

Step 4

Choose the offer that best fits your needs

Forgivable Down Payment Assistance(DPA)

Home equity has proven to be one of the strongest ways for families to build and pass on intergenerational wealth. The Forgivable Down payment Assistance is committed to improving equitable access to homeownership for all Californians. The Forgivable Down payment Assistance Loan gives first-time homebuyers a head start on this with immediate equity in their homes via a loan of up to 10% of the purchase price of the home. The loan is forgivable if the borrower continuously occupies the home as their primary residence for five years The Forgivable Down payment Assistance Loan is a forgivable subordinate loan program.