Subscribe in a reader

First Time Homebuyers Flocking to Our Down Payment Assistance Program

We’re sharing some very exciting news today for First Time Homebuyers!  New California State Programs are making homeownership a reality for first time homebuyers.  Owned a home in the past? You’re considered a first time homebuyer if you haven’t owned a home for 3 years.
We have access to several programs. There are no money down programs available to those choosing to live in Pomona, Claremont, Upland, Rancho Cucamonga and surrounding areas.
We’ll be offering workshops that will help you on your Path to Homeownership.

A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less.

The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%.

An article by Chase points to a new wave of millennial homebuyers:

“We teamed up with Google to help us better understand what customers are searching for and how the home buying landscape is evolving. We found that millennials and first-time homebuyers are making a big splash in the market, and affordability remains top of mind.”

Among millennials who purchased homes, David Norris, Loan Depot’s Head of Retail Lending, said:

“It’s clear from the survey results that Millennials have a lot of anxiety built up about the home buying process.

There is good news, however, as there’s more flexibility than most Millennials think regarding how to qualify for a loan and what’s needed for a down payment.”

First Time Homebuyers Flocking to Our Down Payment Assistance Program

Bottom Line

If you are one of the many millennials who is debating a home purchase this year, let’s get together to help you understand your options and set you on the path to preapproval.

Want to Buy a home? Text Buy to (714)880-8875

We’ll send you our latest E-Book: Things to Consider When Buying A Home

Kris and Kim Darney – REALTORS® – Grandparents – 909.985.9392 – CA BRE# 01930954; 01464957; 01458057
Summary
First Time Homebuyers Flocking to Our Down Payment Assistance Program
Article Name
First Time Homebuyers Flocking to Our Down Payment Assistance Program
Description
We're sharing some very exciting news today for First Time Homebuyers!  New California State Programs are making homeownership a reality for first time homebuyers.  Owned a home in the past?
Author
Who
Kris and Kim Darney - Your REALTORS® For Life
Us
Neighborhood Updates In Your Email!

Neighborhood Updates In Your Email!

Join our mailing list to receive the latest news and updates from K&K.

You have Successfully Subscribed!

Pin It on Pinterest

Shares
Share This