California pauses mortgage aid program within days because of demand
California officials said Friday they were being forced to pause a new mortgage relief program for first-time home buyers less than two weeks after it began,…
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California officials said Friday they were being forced to pause a new mortgage relief program for first-time home buyers less than two weeks after it began,…
California has put its down payment assistance program for first-time home buyers on hold, having committed all $300 million in just a few weeks. It's not clear when new loans will be available.
Officials believed the $300 million allotted for the program could keep it going for months, according to loan officers who attended agency presentations. Instead, it became evident within days that the money would run out almost immediately.
California has put its down payment assistance program for first-time home buyers on hold, having committed all $300 million in just a few weeks. It's not clear when new loans will be available.
California officials said Friday they were being forced to pause a new mortgage relief program for first-time home buyers less than two weeks after it began,…