Paradise

PARADISE CA Homes For Sale 1st Time Home Buyer’s RDA Down Payment Assistance Program

PARADISE CA Homes For Sale 1st Time Home Buyer’s RDA Down Payment Assistance Program
Are you in the market as a FIRST TIME HOME BUYER and your dreams of home ownership aren’t taking shape the way you thought. We would like to take this opportunity to inform you about a great program.

First Time Home Buyers should be aware that the Town of Paradise and the associated Redevelopment Association have a detailed program providing for down payment assistance. The maximum Town contribution varies between $20,000 and $40,000, depending on you income. The program is described as a deferred payment, deferred interest, shared appreciation program. Each qualified borrower will receive only the necessary amount based on a range of 30% (min) = 35% front-end ration. The income range for back-end ratios should not exceed 36%-45%. Paradise CA Homes For Sale

Property Eligibilty: Homes must be within the Town of Paradise and maybe NEW or Previously occupied homes.

Isn’t it time you saw your dreams of PARADISE CA REAL ESTATE really take shape?

This information is provided as a service by your Realtor. This is not a commitment to sell or loan. The actual commitment to purchase a home and obtain a loan will be based upon Lender’s approval of credit AOC, approval of applicant and property eligibility for the Town of Paradise CA Redevelopment Association Down Payment Assistance Program. PARADISE CA HOMES FOR SALE