Released on = July 19, 2007, 3:40 pm

Press Release Author = GoldMedalMortgage.com

Industry = Financial

Press Release Summary = Downpayment assistance and grants available to California
families with low income families, first time home buyers or those that have not
owned real estate in the past three years.

Press Release Body = More and more Cities in are offering downpayment assistance or
grant programs to low income families and first time home buyers of California real
estate.

California low income families and renters tend to believe that home ownership is a
distant dream and therefore they do not pursue the opportunities available to them.

Many are unaware that the Government has programs specifically designed to help
California low income families and first time home buyers acquire 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.

An increasing number of California cities are offering downpayment assistance and
home down payment grant programs for low income families. This assistance and grants
eliminates the down payment obstacle allowing low income families and renters to
purchase real estate.

The downpayment assistance and home down payment grant program guidelines vary from
City to City. Applications must be submitted to the City generally through a City
approved lender.

Low income families that are simply frustrated with paying rent for years and feel
that they are 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 of
California real estate.

If you are looking for California real estate and would like to know if you qualify
for a California low income home loan with down payment or a grant 866 398 4664 or
go to http://www.goldmedalmortgage.com/Downpayment_Assistance




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

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