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Renwick Properties
Down Payment Assistance Specialist

Learn How Renwick Properties Can Help You Receive Up to $13,500 in Down Payment Assistance

Learn How Renwick Properties Can Help You Receive Up to $13,500 in Down Payment Assistance

 

Tired of renting?  Are you paying $900 or more for rent per month?  Stop paying your landlord's mortgage and buy your own home.  The Down Payment Assistance Program can help you by providing up to $13,500 in Down Payment Assistance and reducing your Total Move-In Cost to as low as $2600 when you purchase a home in the Palmdale/Lancaster area.

 

Find out if you are eligible by completing the form below or call 661-860-4577 and speak to an Area Specialist.

 

Let's Take a Look at How The Program Works!

 

We have 3 programs available to help you.  One with the State of California Housing Finance Agency(CalHFA) and the National Homebuyers Fund offers 2 programs. 

 

You are encouraged to apply if:

 

1.  You are currently paying more than $900 per month for rent; and

2.  Your total household income is less than $78,000 per year.

 

Here is an example of two homebuyers.

 

Buyer A- is not using the Down Payment Assistance Program.  This Buyer will need over $12,000 to purchase a $150,000 home.

 

An FHA home loan requires a 3.5% down payment which equals $5250, plus an additional $7550 for the closing costs.  The total Move-In cost would be over $12,800 without the Down Payment Assistance Program.

 

Buyer B- is tired of renting and will use the Down Payment Assistance Program.  This buyer can purchase the same $150,000 home with the total Move-In cost as low as $2600. 

 

Here is Why.

 

The Down Payment Assistance Program will cover 3% of the required Down Payment which is $4500, the seller and lender take care of the majority of the closing costs, leaving Buyer B with the Total Move-In Cost as low as $2600.

 

Ready to Stop Renting Today?

 

Take the first step to determine if you are eligible to receive up to $13,500 in Down Payment Assistance.  You can contact RENWICK PROPERTIES today by:

 

1. Completing the form below; or

2. Call 661-860-4577 to speak to an Area Specialist.

 

We look forward to helping you become a homeowner soon.

 

Down Payment Assistance
Eligibility Review Form 


 
Your Contact Information
* - Required fields
First Name*:
Last Name*:
Email*:
Phone*:
   
  Please answer the following questions to determine your eligiblity for the  
Down Payment Assistance Program
   
   
Do you have a home in escrow? 
   
Do you plan to purchase a home under $225,000
   
Is your household income between $2,800-$7,200 before taxes
   
Do you have a credit score of 580+
   
Are you looking to purchase a home within the next 90 days


 

 

 Currently Available Properties

 

 





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