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Fareedah, Other/Just Looking in El Cerrito, CA

Has anyone worked with a nonprofit "downpayment reimbursement program"? If so, how does it really work?

Asked by Fareedah, El Cerrito, CA Wed Mar 12, 2008

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They are WONDERFUL! Our city has one, pays for up to 40% of the purchase price, up to a certain amount. They don't need to be paid back until the home sells, or refinances. Great way to keep payments low, and not to mention, usually, intrest free.
0 votes Thank Flag Link Wed Mar 12, 2008
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