“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.