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Saving Money on your Home Purchase is Just a Click Away
Exclusively Available in Select Northern & Southern California Counties
Grant Funds Where it's Needed
Finding a home is challenging enough—securing a mortgage shouldn't be. That's why Arbor Financial Group is here to ease your path to home ownership with our $15,000 Closing Cost Grant Program. Grant is available where it's needed most - in previously underserved areas of SoCal - from San Diego to LA Counties and NorCal from Sacramento to San Francisco counties! See a complete list of eligible counties below.
Great news! You don't need to be a first-time home buyer to qualify. Home buyers who qualify for conventional financing and looking to purchase a new primary residence are eligible for this grant.
MAX LOAN AMOUNT
Good news for those with generous family: gift funds are welcome in this program! Just keep in mind, they can make up no more than 10% of your home's purchase price. Plus, you have ample room to explore a range of homes, thanks to a generous loan limit of $766,550 and maximum down payment of up to 20%. We've crafted this Grant program to offer you the flexibility you deserve in your homeownership journey.
PROPERTY ELIGIBILITY
Your dream home should be located in one of the following Northern and Southern California counties: Los Angeles, Ventura, San Bernardino, Riverside, Orange, or San Diego as well as the following Northern California counties: Contra Costa, Napa, Placer, Sacramento, San Francisco, San Mateo and Santa Clara. The property must be in a census tract with over 50% minority residents according to the latest U.S Census Bureau data.
Our $15K closing cost grant isn't your typical home buyer's assistance program. With straight-forward guidelines, we help buyers (and their Realtors) know up front whether they're eligible, providing peace of mind in the home search process.
Verify Property Eligibility
Find a property you love? Easily verify whether the home is in a qualifying census tract. (Hint: there are 1,000's of eligible homes for sale!)
Income Limits
Generous income limits mean expanded eligibility for major savings on your next home purchase in California.
* Higher Income Limits for First-Generation Homebuyers
Let's start creating generational wealth!
A SPECIAL BOOST
We believe in making homeownership accessible for everyone, especially those who are the first in their family to take this significant step. That's why we've recently updated our program to offer higher income limits for first-generation home buyers. Whether your parents have never owned a home or you grew up in foster care, this program has something special for you.
Our grant program is versatile, compatible with both conventional and FHA financing. Unfortunately, it's not applicable for VA and USDA financing (although those programs have their own unique benefits!).
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Why Choose Our Grant?
Besides being a generous financial gift with no strings attached, our program's guidelines are designed for clarity and ease. Generally, you'll know upfront whether you qualify.
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How to apply.
Ready to make the leap into homeownership? Click the "Apply Now" button below to begin your application process.
We find you the best rate and mortgage program for your home purchase and refinance goals. Whether you're a first time home buyer or an experienced investor, we have the rates, programs and service to ensure you get the best.
