Riverside County Down Payment Assistance
If you’re a first time home buyer in Riverside County and thought owning your first home was beyond your reach, well Riverside County through one of their down payment assistance programs is looking for first time homebuyer families to receive funds from their down payment assistance program.
Riverside County has multiple programs but we are going to focus on just one today. That program is the Redevelopment Homeownership Program (RHP). They currently have about $800,000 available for down payment assistance, which is approximately enough to help 17 families. It doesn’t sound like much, but it’s about 40% of an allocation they received a couple of years ago.
In a meeting with approved lenders,Riverside County told us they would like to apply for more funds to help first time home buyers, but until the seventeen lucky families use this allocation they can’t.
Details of the RHP Down Payment assistance program are available on the website.
The RHP down payment assistance program is to help Riverside County first time home buyers purchase a home in unincorporated areas of the County. To find your first home using the Riverside County Down Payment Assistance program it’s important to remember that buying it is a process, not an event. Many first time homebuyers have been successful using the down payment assistance programs but they followed the recommended processes and are now enjoying all the benefits that come with owning your first home.
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I have couple of clients who wants to buy their own homes. I am a professional Real Estate agent. I need more information about this programme.
Babor, thanks for stopping by.
There are a number of programs and each have subtle differences in their qualifying criteria. Not all are available in all areas and not all
homebuyers qualify for every program.
I’ll be happy to help, but I need more information
Thanks
Can I get some informatioin on the funds, or grants available to first time home buyers? I am interested for myself.