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Victorville Offers Mortgage Assistance Program For First-Time Homebuyers

VICTORVILLE, Calif.(VVNG.com)– Did you know the City of Victorville has a mortgage assistance program available?

If you are a first time home buyer and interested in buying a home within the City of Victorville you may qualify.

The mortgage assistance program highlights are as follows:

  • Up to $55,000 for down payment and closing costs assistance.
  • No payments for 30 years with 3% interest loan.
  • Funds available on a first-come, first-serve basis with an acceptable purchase contract.

How to Qualify?

  • You must be a first-time homebuyer.
  • Your first mortgage has to be with a City of Victorville approved lender.
  • The property has to be your primary residence, located in Victorville.
  • Single-family homes, condominiums, and townhomes under $260,000 are eligible.
  • Borrower must contribute 1% of purchase price.
  • You must complete an 8-hour in-person first-time homebuyer education course.

 

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Victor Valley News has the largest online presence in the High Desert. We provide newsworthy communications to the Victor Valley areas including Victorville, Hesperia, Apple Valley, Adelanto, Phelan and more. Have a news tip? Want to advertise with us? Want to contribute? Contact us today E-mail: NEWS@VVNG.com or Phone: (760) 998- 1598.

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