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A California lawmaker is leading the charge to make undocumented residents eligible for a popular state-backed home loan program, weeks before it gives out another $250 million in down payment ...
After last year’s budget of $300 million in down payment assistance was devoured in 11 days, California has relaunched its program with stricter guidelines to target a niche group of first-time ...
Limited to covering the down payment and closing costs on a first home, the California Dream for All Shared Appreciation Loans max out at $150,000 or 20% of the home's purchase price, whichever is ...
In California and Washington, D.C., for example, some buyers might qualify for up to six figures for their down payment. Grants often come in much smaller amounts, such as $5,000.
The proposal, which prompted contentious debate in the Legislature, would specify that people who meet all other requirements for a loan under a state program offering assistance to first-time ...
Types of first-time homebuyer programs. Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. Down payment assistance (DPA) programs: Loans, grants and ...
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