In this economy, who has enough money for a down payment on a house? Despite a projected $25 billion budget deficit, the state of California does. At least for now. The California Housing Finance Agency is poised to launch a scaled-down version of its new shared equity home loan program on March 27. With the Dream for All program, the state plans to provide $300 million worth of down payments for an estimated 2,300 first-time homebuyers.
The post State May Scale Down Its New Home Loan Program Designed to Assist First-Time Homebuyers first appeared on Post News Group.
