Housing Grants Available For Victorville California Real Estate

Released on = June 14, 2007, 2:22 pm

Press Release Author = Camelot Marketing

Industry = Real Estate

Press Release Summary = Housing grants available to first time home buyers for
Victorville CA real estate through Mortgage Assistance Program. Program could allow
apartment renters become home owners.

Press Release Body = "Low income families and those looking for Victorville
California apartment rentals tend to believe that home ownership is a distant dream
and therefore they do not pursue the opportunities available to them," states Greg
Rowney, Downpayment Assistance Specialist with T.N.T. Lending Inc.

T.N.T. Lending Inc. based in Rancho Cucamonga California, offers a full range of
mortgage services including first time home buyer programs offering downpayment
assistance and home down payment grants.

"Many are unaware that the Government has programs specifically designed to help
first time home buyers acquire Victorville CA real estate which in turn stimulates
the overall economy."

"One of the biggest hurdles for low income families and renters is the downpayment.
As they don't have the downpayment they think that they do not qualify for a home
loan. This leaves them resigned to renting sometimes forever."

"The City of Victorville home down payment grant program eliminates the down payment
obstacle by offering the home downpayment grant allowing low income families and
renters to purchase Victorville CA real estate," continues Rowney.

The Victorville CA real estate Mortgage Assistance Program (MAP) makes available a
limited number of deferred payment (principal and Interest) second mortgages, in
amounts of up to $45,000.00.

This program is specifically designed to provide qualified families with assistance
necessary to secure financing towards the purchase of a single-family detached home
in the City of Victorville and to extend to those families an easier means to
experience the pride of homeownership. Designed for first time home buyers, but
applicants that have not owned a home in the past three years many qualify for the
home down payment grant program.

All MAP Applications are submitted to the Redevelopment Agency through a
Participating City of Victorville MAP Approved Lender such as T.N.T. Lending Inc.

Linda Jones, Marketing Manager, for John\'s Incredible Pizza adds "I think the MAP in
Victorville is a great idea since the price of housing has gone up. The program
means less Victorville apartment rentals and it helps people get into a home. This
promotes pride of ownership with property appreciation going back to the homeowner."

Rowney concludes, "We are continually hearing from low income families that are
simply frustrated with paying rent for years and feel that they just putting money
in other people's pocket. They are simply amazed to hear about these programs that
are designed for first time home buyers become owners of Victorville CA real
estate."

If you are looking for Victorville CA real estate and would like to know if you
qualify for a home down payment housing grant please call 866 398 4664 or go to
http://www.goldmedalmortgage.com/Downpayment_Assistance



Web Site = http://www.goldmedalmortgage.com/Downpayment_Assistance

Contact Details = 866 398 4664
http://www.goldmedalmortgage.com/Downpayment_Assistance

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