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Down Payment Assistance.

Need help coming up with a down payment?

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Need Help With Your Down Payment?

You don't always have to cover your down payment alone. There are programs designed to help qualified buyers reduce upfront costs and move forward sooner.

Down payment assistance programs are designed to help eligible homebuyers cover some or all of the upfront costs of purchasing a home. These programs can come in the form of grants, forgivable loans, or deferred-payment loans depending on the program and location.

Happy couple holding house key

Who May Qualify.

Eligibility varies by program, but many are designed to support first-time buyers or moderate-income households.

You may qualify if:

  • You are a first-time homebuyer (in many cases)
  • Your income falls within program limits
  • You plan to use the home as your primary residence
  • You meet basic credit and loan requirements

 

 

 

Types of Assistance.

Grants

Funds that typically do not need to be repaid, as long as program requirements are met.

Forgivable Loans

Loans that may be forgiven over time if you stay in the home for a required period.

Deferred Loans

Loans that don't require payment until you sell, refinance, or pay off the home.

 

 

 

How It Works.

  1. Start with a pre-qualification
  2. Identify eligible programs based on your profile and location
  3. Combine assistance with an appropriate loan (FHA, Conventional, etc.)
  4. Complete the application and move through closing

 

 

 

Important Considerations.

  1. Programs vary by location and availability
  2. Income limits and purchase price limits may apply
  3. Some programs require homebuyer education courses
  4. Funds may be limited or first-come, first-served

 

 

 

See If You Qualify for Assistance Programs.

The fastest way to find out what programs may be available is to start with a quick pre-qualification. We can help you explore both loan options and assistance programs together.

 

 

 

Success, Measured in Happy Homeowners.

Your Experience Is the Benchmark.
At Team Molina, we are driven by the passion to serve our community. We're not your average Mortgage Lender - and from first call to closing day, your satisfaction is how we measure success.

Got Questions?
Ask us Anything.

Jose Molina
Sr. Loan Officer
NMLS# 240269
209-609-0212
jose@team-molina.com
eFax: 209-444-0101

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