Home Buying in 90041>Question Details

Sky Minor, Real Estate Pro in Los Angeles, CA

What is happening with down payment assistance programs from the city of L.A. Sky Minor wants to KNOW!

Asked by Sky Minor, Los Angeles, CA Fri Aug 15, 2008

Sky Minor, agent, broker, realtor, notary, has heard of several down payment assistance programs to go behind a conventional 1st mortgage. Does anyone in the real estate business in Los Angeles know details of these programs?

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3
As of october 1st the are going away.
1 vote Thank Flag Link Fri Aug 15, 2008
There are quite a few programs available for first time buyers (someone who has not had a house in the last 3 years) and down payment assistance. I'm attaching a link for a post and info below.

Good luck,
Irina
1 vote Thank Flag Link Fri Aug 15, 2008
At this point the big money programs, Shared Appreciation (MOD), are cancelled. They have little programs and credits still available.
Here is the link.
http://lahd.lacity.org/HomeBuyers/GeneralInformation/tabid/9…

Best,
Ray
Web Reference: http://www.charityar.com
1 vote Thank Flag Link Fri Aug 15, 2008
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