86% of San Diego Homes Qualify for Down Payment Assistance

According to realtytrac.com and downpaymentresource.com, 86 percent of San Diego Homes Qualify for Down Payment Assistance.

“Many homebuyers, especially Millennials, haven’t fully investigated their home financing options because they are pessimistic about qualifying for a mortgage.

Rob Chrane, president and CEO of Down Payment Resource says that “Many homebuyers, especially Millennials, haven’t fully investigated their home financing options because they are pessimistic about qualifying for a mortgage.” Yet the research and graph below from realtytrac.com and Down Payment Resource indicate that 87 percent of homes in San Diego California qualify for down payment assistance. With over 2,290 down payment programs across the country that were analyzed in the realtytrac.com article, it is no wonder that Rob Chrane goes on to say that “It’s important for buyers to research down payment programs as part of their loan shopping process.”

After doing a quick search on downpaymentresource.com, I found 17 programs that I could qualify for and receive up $7,500 in down payment assistance. With access to homeownership feeling like a distant dream to many people, it is important to know that such programs exist.

Contact me to search for homes that qualify for down payment assist and help you find other financing options through our preferred lenders.