Hi Everyone, Rosita McLaurin with Coldwell Banker. Im here, as promised with Paige Sturgeon with Granite Mortgage. We are going to talk about the CalHFA program. Paige says there is a fantastic opportunity to buy your OWN home with little monies out of your pocket, at least for down payment and closing costs. Out of pocket expenses are Home Inspection, termite inspection and appraisal.
The State of California is giving 1st time home buyers 2 grants! 2 grants to pay for closing costs and down payment. One of the biggest hurdles in buying a home is having the monies for down payment and closing costs. Buyers may have great credit and income; however, may not have the monies available for down payment and closing costs. The State of California is giving 1st time home buyers these 2 grants so that you can buy a home NOW and not have to wait to save money.
There is a misconception that the down payment is 20% - it is NOT. With these grants you can buy your home with little money down!
The income limits used to be below $60K. Now CalHFA has increased to $170,800 year! This means 1 person or 2 people can make upto a max of $170,800 year and still qualify for this program!! This gives more buyers opportunity to buy NOW instead of renting!!
For more info, please call Rosita McLaurin 619-665-9086 or Paige Sturgeon 619-888-7243. Let us help you get into a home NOW!