CA mortgages : CA mortgage rates and home loans

Down Payment Assistance Program Prequalification

The Down Payment Assistance Program is designed to work with FHA and many other loan programs to close more homes for more people! It is fast, easy to use and flexible enough to be compatible with most types of loans offered by lenders. Gifts are NOT restricted to first time home buyers and there's no unessesary underwriting or income restrictions. The Newsong Buyers Assistance Program helps provide new potential homebuyers with the cash at closing for these critical expenses--cash that they do not have to repay.

Gift funds are available up to $50,000 and based on the final sale prices of the homes and the needs of the buyers. The program funds are free monies offered to homebuyers, requiring no repayments, no income limitations, no silent second mortgages, no recapture penalties, and no geographical restrictions in the U.S. The funds are offered towards the purchase of a home when a seller is willing to participate in the program.

The purchaser applies for a Down Payment Assistance Program grant of gift funds through a lender for needed up-front funds to purchase a home.

The Down Payment Assistance Program helps more people own more homes.

Gift funds up to $50,000 - not just 3%
May be used towards closing costs and/or to buy down the rate
Compatible with most conventional, nonconforming, subprime, and FHA loans
Referral Network - Applicants referred to lender, realtor and builder participants
Great fast service - only one form to fill out

Our goal is to make your experience easy, we don't impose restrictive guidelines.

No downpayment requirements - no cash investment required by borrowers
No recapture clauses - no second lien recorded
No income restrictions
No asset requirements
No reserve requirements
No homebuyer education required
No underwriting or credit checks
No extra qualifying required when approved by lender
No geographic boundaries in the United States
No property Inspections, certifications or homeowner's warranties required

Don't let lack of cash stop you from owning a home. Let us help you choose a program and start looking for your home tomorrow!

If you have a brief moment, please fill out our basic Information Request Form below.

Thank you...

Information Request Form

Tell us a little about your current needs. The more information you
provide, the better we can help you. We can use that information to
match you with just the right Down Payment Assistance.

How can we get in touch with you?

*Name:
*Email:
Phone:
Address:
City:
*State:
Zip:
Home Phone:
Work Phone:
Fax Number:

Tell us about your credit history:

*Excellent, Good, Fair or Poor:
Your Credit Score?:

If purchasing, how motivated are you?

*Very Motivated, Motivated or Exploring Options?:

Have you found a home to buy?

*Yes or No?:
Do you have a purchase contract?:
What is the purchase price?:
Where is the property located?:
Do you have a closing date?:

Are you working with a real estate agent?

*Yes or No?:
Agent's Name:
Agent's Email:
Agent's Phone:

Are you working with a lender?

*Yes or No?:
Have you been approved for a loan?:
What loan amount have you been approved for?:
What is the maximum LTV%:

Funds available for down payment/closing costs?

*Amount: $:
Source of Funds?:
Will the seller carry back a 2nd mortgage?:
Will the seller pay any closing costs?:

What Down Payment Assistance is needed?

*Amount: $:
How soon do you need the funds?:

Comments or Questions?:

Note: Fields with an * are required