Using a CalHFA loan to buy a home in Elk Grove: Get down payment help
By Erin Newington, Sierra Foothills Realtor
(5305573559)
If you are looking to buy a home in Elk Grove you may want to look into the Cal HFA program.California Housing Finance Agency (CalHFA) has supported the needs of First Time Home Buyers by providing financing and programs that create safe, decent and affordable housing opportunities for individuals within specified income ranges.Many of the buyers I soeak wit are holding off buying a home because they don't have their down payment saved yet. What I try and remind them of is if they are renting, they are paying someones mortgage. So why not gain equity and pay the mortgage too?!See Homes Available in for sale in Elk Grove >>Did you know there are loan programs that offer grants and/or silent loans to help you with your down payment? By silent loan I mean there is no monthly payment for th...
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