There is also the NSP1 Neighborhood Stablization program where the City of Long Beach covers 50% of the loan amount as a silent second mortgage. Amazing right?
The loan programs that you seek are out there. It is a matter of finding the right Broker/Lender team that can get you what you want. Let me know if I can be of service.
Coldwell Banker Star Realty
As a first time buyer you cane get loans with as little as 3% to 5% down.
Some cities do have down payment assistance programs, but with today's budget cuts many of these programs no longer have funding.
If you are thinking of buying in the near future, and need a buyer's agent , I would love to meet with you to discuss the home buying process, and get you referred to a loan officer for pre approval.
The best advice I can give you is, get information. The more info you have the better decisions you can make. Buying a home is too big and important to rely on hear say. You will need facts:)
Kawain Payne, Realtor
Prudential California Realty
My website is http://www.barbararobbinsolexa.com.
If I cn help in any other way feel free to contact me at 714-296-7270 or email me at firstname.lastname@example.org
Barbara Robbins-Olexa, Broker, e-Pro(R), SRES(R)
L B Brokerage