We dive into the world of down payment assistance programs and how they can help you achieve your dream of homeownership. With housing affordability becoming a growing issue, these programs are becoming increasingly important for first-time buyers.
In this episode, we discuss:
- The different types of down payment assistance programs and how they work
- The various requirements needed to be considered for these programs, such as income, credit score, and residency restrictions
- The upsides and downsides of using down payment assistance programs, including the impact on your buying power and potential disadvantages in a competitive seller's market
- Tips on how to find and apply for these programs in your local area
Whether you're struggling to save for a down payment or just need a little extra help with closing costs, down payment assistance programs can be a valuable resource in your home buying journey. Listen in to learn more about these programs and how they can help you achieve your homeownership goals!
Find all our episodes, articles, newsletter, and resources on our main site: https://FTHBPros.com
Contact Information:
Dat Nguyen – Loan Officer
(714) 331-6289
Dat@ELendingTeam.com
NMLS# 113790
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