Completely forgivable grant equal to 3.5% of purchase price.
Eligible Borrowers
- 620 minimum FICO score
- Be a first-time homebuyer
OR
- Be a current, retired, or volunteer employee in one of the following professions:
OR
- Income from all borrowers is =<140% of state/county median income where the property is located
OR
- The property is located in an underserved census tract
Eligible Properties
1-2 unit primary residence properties:
Required Education
Borrower must complete HUD certified counseling class
Prospect Lending, Inc.
11140 Los Alamitos Blvd #201, Los Alamitos, CA 90720
Copyright © 2024 Prospect Lending, Inc. All Rights Reserved.
Prospect Lending | NMLS ID: 2616050 | Licensed by the California Department of Real Estate (DRE), DRE Lic number 02243237.
Equal Housing Lender. We do not discriminate on the basis of race, color, religion, national origin, sex, marital status, age, or public assistance income.
Rates and terms are subject to change without notice. This website is for informational purposes only and does not constitute a loan offer or financial advice.
Loan approval is subject to underwriting guidelines and credit qualification.
Use of this site or its tools does not guarantee loan eligibility.
Personal data is handled in accordance with our Privacy Policy.
Verify our license at nmlsconsumeraccess.org.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.