Home Purchase Financial Assistance Program for Tenants
Find out how much money you qualify for by filling out the contact form below.
It is my firm belief that everyone should be able to own their own home. It is the basis upon which everyone is able to build their own wealth. Most people who are currently renting have the dream of purchasing a home of their own, and this homebuyer assistance program is perfectly suited to help them accomplish that goal.
When it comes to buying a home of your own, the closing cost can be one of the most difficult hurdles to get past (aside from the downpayment). Straight out of the gate, this program gives you a home buyer's grant. The way this works is simple, the longer you've been renting and the more you've been paying in rent, the more you are given in this grant. The specific amount is the nice round number of 10%. If you have been paying $1000 per month for one year, that is $12,000 you have paid in rent. So, I would be able to give you $1200 back to use towards your closing cost! Most people in the Santa Clarita area pay closer to $2000, so the amount you could be given could easily be a lot more than $1200. Notice I am saying “give” and not “loan.” This is grant money I am GIVING you to buy a home!
So, what is the catch? There really isn't one. However, there are a few requirements. You obviously, have to be a current renter in order to qualify, and you do have to use me as your real estate agent. Also, there is a maximum amount of $10,000 on your grant. The money offered in this program can reduce the closing costs out of your pocket from the usual 3% of the purchasing cost of your home to as low as 1%!
To be clear, the money offered by this grant does not come in the form of cash or a check. Think of it more like a coupon that shows up as a credit on your final closing statement.
I am genuinely interested in helping you to buy the home of your dreams here in the city of Santa Clarita.