First Time Home Buyers: Is Down Payment Assistance right for you? #Shorts #Short

First Time Home Buyers: You've Got Options! 💸

Check out what the California Housing Finance Agency says about their Down Payment Assistance program:

"The money you put "down" or the down payment on your home loan can be one of the largest hurdles for many first-time homebuyers. That's why CalHFA offers several options for down payment and closing cost assistance. This type of assistance is often called a second or subordinate loan. CalHFA's subordinate loans are "silent seconds", meaning payments on this loan are deferred so you do not have to make a payment on this assistance until your home is sold, refinanced or paid in full. This helps to keep your monthly mortgage payment affordable."

Head over to calhfa.ca.gov to learn more about the FHA, USDA, & VA loans, for first time home buyers, that support Down Payment Assistance to find out what kind of financing is right for you! 💰🏡

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