Victorville Mortgage Assistance Program
The city of Victorville offers downpayment and closing cost assistance to low income buyers of detached
Victorville homes. The assistance is structured as a deferred payment second loan with a duration of up to
30 years. No payments are required during the life of the loan. The applicant must not have owned a home
in the preceeding three years. The assistance loan is processed along with a regular first loan for the
property purchase, the amount of assistance may be up to $45,000. The buyer must use their personal funds
to contribute at least 1% of the purchase price towards the acquisition of the home. To qualify your
family income must not exceed the following limits:
- $46,750 for a family of 1
- $53,450 for a family of 2
- $60,100 for a family of 3
- $66,800 for a family of 4
- $72,150 for a family of 5
Hesperia Downpayment Assistance Program
The city of Hesperia offers downpayment and closing cost assistance to low income buyers of Hesperia
homes. The assistance is structured as a zero percent interest rate loan with a duration of up to
30 years. The principal is to be paid back in even payments over a thirty year period or in full when the
property is sold or transferred.
The assistance loan is processed along with a regular first loan for the property purchase, the amount of
assistance may be up to $115,000. To qualify your family income must not exceed the following limits:
- $32,200 for a family of 1
- $36,800 for a family of 2
- $41,400 for a family of 3
- $46,000 for a family of 4
- $49,700 for a family of 5
Apple Valley Downpayment Assistance Program
The town of Apple Valley offers downpayment and closing cost assistance to low income buyers of Apple
Valley homes. The assistance is structured as a zero percent interest rate loan with a duration of up to
30 years. No payments are required during the life of the loan. The assistance loan is processed along with
a regular first loan for the property purchase, the amount of assistance may be up to $65,000.
To qualify your family income must not exceed the following limits:
- $32,200 for a family of 1
- $36,800 for a family of 2
- $41,400 for a family of 3
- $46,000 for a family of 4
- $49,700 for a family of 5
California Housing Finance Agency
CalHFA programs offer below market interest rates to moderate or low income homebuyers. The applicant must
not have owned their primary residence in the preceeding three years. A wide variety of down payment and
closing cost assistance programs are available with features such as 100% financing, 40 year loans, interest
only payments and deferred payment secondary loans.
To qualify as a low income homebuyer your family income must not exceed the following limits:
- $34,500 for a family of 1 or 2
- $39,675 for a family of 3 or more
To qualify as a moderate income homebuyer your family income must not exceed the following limits:
- $69,000 for a family of 1 or 2
- $80,500 for a family of 3 or more
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