video by @ABC10
Summary
- CalHFA provides down payment assistance via subordinated loans, benefiting around 1,600 households in Sacramento this year.
- First-time buyers with incomes under $225,000 in Sacramento and $198,000 in San Joaquin are eligible.
- The application process takes between six to eighteen months and requires a homebuyer education counseling course.
More details:
Down payment assistance programs offer hopeful homebuyers a lifeline to the dream of homeownership
