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
Debt Free Da…, , 85260
Fri Aug 15, 2008
As of october 1st the are going away.
1 vote
Irina Netcha…, Agent, San Marino, CA
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
Ray Calnan, , Los Angeles, CA
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
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