We offer a variety of different fixed-rate mortgages and will work with you to find the terms that best fit your needs.

What Is Down Payment Assistance?

Down payment assistance programs are offered by local or state housing authorities, nonprofit groups, or lenders. They give a part of the money you need for your first mortgage or the cost of the home. This helps people who are buying homes with their down payment or closing costs. The money you get could be like a gift, a loan without interest, or something you’ll pay back later. You need to live in the home as your main place to stay. If you change your mortgage or sell the home, you might have to pay back these funds.
Down Payment Assistance Loan

DPA Loan Features

1ST MORTGAGE LOAN FEATURES

  • A 97% LTV Conventional or 96.5% LTV FHA first mortgage loan
  • 30-year term, fixed interest rate
  •  Also available to non-first time homebuyers

DOWN PAYMENT ASSISTANCE

• Deferred payment Junior Loans
• Reduce your “out-of-pocket” due at closing
• School Teacher and Employee Assistance Program (School Program) – Up to 4% of the home’s sales price in a deferred payment loan for teachers and staff serving California’s public schools