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Updated almost 3 years ago on . Most recent reply

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Skyler Heimer
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20
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Down Payment Assistance

Skyler Heimer
Posted

With my apartment lease coming up soon I would like to buy a house. However, with the way housing prices are currently, finding enough money for a down payment has proven to be somewhat of a hurdle. I was wondering if anyone had suggestions that would relate to down payment assistance. From what I can see, using a loan to cover the cost of the down payment can be not the best idea.


I have also been informed about a new California program where CALHFA will give a buyer 10% of the sales price, that can be used for a down payment. If light could be shed on this topic it would be greatly appreciated.

https://www.calhfa.ca.gov/home...

Most Popular Reply

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3,019
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,322
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3,019
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

Have you considered using one of the PowerBuyer programs?

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