First-time homebuyer program was recently made available for home purchases in the Riverside County.
There are various programs and incentives offered by the county including tax credits amounting to 15% of the interest on the first mortgage.
Riverside can also provide the homebuyer with funds for 20% of the purchase price towards the downpayment (not to exceed $75,000).
A neighborhood stabilization homeownership program provides the homebuyer with funds for 20% of the purchase price plus optional repair component, not to exceed $75,000. A minimum of $1500 repair assistance is also available.
Buyers may avail of the 99.5% funding of a home sale price—this program is also available in all California counties.
Call today for more details and information on the income limits: 310-318-8999.
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