24500 Deertrail Dr

We're offering a flexible down payment and closing cost assistance to homebuyers — including those who are not first-time buyers. Assistance can range from $10,000 to $30,000, or up to 5.5% of the first mortgage amount.

Highlights:

• Up to 5.5% assistance based on the first mortgage amount
• Funds can be used toward down payment and/or closing costs
• No first-time homebuyer requirement — all eligible buyers can apply
• Minimum FICO score of 640 — perfect credit not necessary
• Debt-to-income (DTI) ratios up to 50% allowed in certain cases
• Eligible property types include 1–4 unit homes, condos, townhomes, and manufactured homes
• Designed for low-to-moderate income borrowers with flexible income limits
• Compatible with FHA, VA, USDA, and Conventional loans

How to Apply

• The program is offered through participating mortgage lenders, not directly to the public.
• Income limits vary by mortgage type (e.g., Conventional vs. FHA, VA, USDA) and by county.
• The lender will review eligibility, current rates/APRs, and guide you through the application process.

Core Takeaways

• Flexible down payment & closing cost assistance up to 5.5%
• Multiple program paths for general buyers, select occupations, or county employees
• Minimal credit requirements and generous DTI allowances
• Multiple loan type compatibility and no first-time buyer restriction
• Assistance via second mortgages or gifts, with repayment terms depending on the option
• Accessed through approved lenders across California

Ready to Get Started?

If you’re a buyer looking for a path to homeownership, or a housing professional seeking tools to help more families purchase homes, this Down Payment Assistance Program may be the solution.

Talk to Rainier Sunga today to see if you qualify!