Other resources for first time home buyers in Roseville CA searching on how to get down payment assistance in Roseville California. . When combined they would reduce the money needed out of pocket and provide homebuyers with a tax credit each year. SACRAMENTO, Calif., Dec. 18, 2020 /PRNewswire-PRWeb/ -- My-Down Payment Assistance, a top provider of down payment assistance programs based in Sacramento, California… The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. what is down payment assistance? 3 CA Loan Officer Jason Whigham will Call / text you to go over your CA down payment assistance options The Deferred DPA Second Loan has a 30-year term and a zero percent note rate. Golden State Finance Authority provides the GSFA OpenDoors down payment assistance (DPA) program to help California homebuyers purchase a home with little-to-no money out of pocket. First and foremost your down payment can be as low as 3.5% of your new home’s value. Down Payment and Closing Cost Assistance Overview Low-income, first-time homebuyers may qualify for a low-interest, deferred payment loan of up to 17% of the purchase price for down payment assistance and 4%, up to $10,000 in closing costs assistance. The Open Doors Program provides homebuyers in California with flexible down payment assistance options. CalHFA MyHome Assistance Program – The MyHome Assistance programs provides $10,000 or 3% to 3.5% of the sales price or appraised value, whichever is less in down payment and closing cost assistance to first time homebuyers in California. Please note: If you need to download the most recent version of Acrobat Reader, you may do so by clicking on the "Get Acrobat Reader" button displayed below. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License No 41DBO-78367. These funds come in the form of a loan with 3 percent simple interest per year, accrued annually. Program Training for Lenders and REALTORS®. The Open Doors Program is designed to assist eligible first-time homebuyers with the purchase of an affordable home in the City of Phoenix. The City of Phoenix Open Doors Homeownership down payment assistance program offers up to a maximum of $15,000 towards your down payment and/or closing costs in the City of Phoenix jurisdictional area.