The City and County of Los Angeles has a First Time Homebuyer assistant program. The money is for the downpayment and closing cost. With this program the buyer can get a single family residence, condominium or townhouse. The Buyer has to bring an small downpayment of their own and be within the low or medium income salaray set by the county. They need to assist to a seminar given by Acorn Housing in Los Angeles.
When they go through Acorn Housing, they get preaqualify according to their salary and number of family members. Once that happened, they are refer to a lender within the program, the lender then submit their package for a pre-approval, once they are approved they go and look for properties within their and the La City limits. This transactions take at least 60 days to close escrow, sometimes more.
Alberto Pacheco
818 481 9211
Keller Williams Porter Ranch
Realtor Calbre 01200694
www.granadahills.kwrealty.com
When they go through Acorn Housing, they get preaqualify according to their salary and number of family members. Once that happened, they are refer to a lender within the program, the lender then submit their package for a pre-approval, once they are approved they go and look for properties within their and the La City limits. This transactions take at least 60 days to close escrow, sometimes more.
Alberto Pacheco
818 481 9211
Keller Williams Porter Ranch
Realtor Calbre 01200694
www.granadahills.kwrealty.com
