Not sure where to start? Take a moment to view this informative YouTube video that explains the process for applying for and qualifying for down payment assistance – Click Here to View this Video
Need Help Finding Down Payment Assistance?
Education is our passion – You can arm yourself against deceptive and unethical “Real Estate Professionals” by educating yourself about the home buying process.
These informative and convenient on-line classes will empower you with the ability to make educated financial decisions about choosing a lender, real estate agent, loan program and understanding everything that happens during the home buying process. Bookmark this page and check back often for new dates, times and classes.
Schedule of Homebuyer Education Classes – Click Here
Program Highlights
Program Summary
First Time Home Buyer Down Payment Assistance is available for First Time Home Buyers within the city limits of Rancho Cucamonga.
Program Details
Eligible Buyers: First Time Home Buyers – Can not have owned a home in past 3 years
Maximum Assistance: Up to $80,000
Income Limits: 90% of Area Median Income – Income Limits Here
Payments/Recapture: Silent Second no monthly payments.
Equity Share Component: If factors are triggered, family pays $80,000 plus the following: 15% of the equity if rent/sell/refinance with cash out prior to 30th anniversary. 10% of the equity of rent/sell/refinance with cash out between 30th and 45th anniversary.
Eligible Properties: Family must purchase an existing single family detached home. Condominiums & town homes are permitted.
Eligible Cities/Areas: City limits of Rancho Cucamonga
If you have questions about this or any other down payment assistance programs that may be available in your area call us at 1-866-667-6724 or Click Here if you would like us to research programs you may qualify for.
For a complete list of upcoming no-cost on-line home buyer classes, follow this link – Upcoming First Time Homebuyer Classes
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