Riverside County HOME First-Time Home Buyer Down Payment Assistance Program
Housing Program
Riverside County HOME First-Time Home Buyer Down Payment Assistance Program
Program description
A Riverside County silent second mortgage program providing down payment assistance to eligible lower-income first-time homebuyers.
Maximum assistance
Up to 20% of purchase price, capped at $100,000
Repayment
Conditionally Forgivable
Program categories
County
Assistance Type
Organization
Important considerations
No monthly payments and no interest. After the required 15-year affordability period, the assistance is converted to a grant if program requirements are met.
Eligibility & program information
Rank Math Internal Links Processed
1
Status
Active
Additional Info
Eligible locations generally include unincorporated areas and cooperating cities, with exclusions that vary by funding source.
Coverage Type
County / Eligible Areas
Resources
Riverside County HOME First-Time Home Buyer Down Payment Assistance Program Official Website
Eligibility Requirements
First-time homebuyer,household income at or below 80% AMI,owner occupancy,qualify for a first mortgage through an approved lender,purchase in an eligible location,meet applicable purchase price and program requirements.
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.