City of Santa Ana
SANTA ANA, CA (March 27, 2014) – Are you looking to purchase your own home in the City of Santa Ana? If you are first-time homebuyer or have not owned property in the last 3 years, you may be eligible for a down payment assistance loan up to $40,000.
The minimum down payment assistance requirements are:
– Must be pre-qualified for a 1st Mortgage
– Must be a first time homebuyer
– 3% down payment of own funds
– Must complete the Homebuyer Counseling program
– Home must be located in Santa Ana
– Borrowers must have acceptable credit history
– Meet income requirements Continue reading