“If I am a first time homebuyer, can I qualify for down payment assistance in the form of grants or “silent second” loans?”
***ANSWER:
Perhaps. The few available programs have certain requirements, such as:
- Buying in certain targeted neighborhoods OR
- Income limits OR
- Having 3% for the down payment OR
- Having a particular occupation, such as a policeman or teacher (and perhaps teaching at a “targeted school”) OR
- …who knows what
If you’re interested in such a program, call my office at (858)457-KENT and we’ll put you in touch with our preferred lender.
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