Resources for Los Angeles Home Buyers
Current Income Limits
Below is a chart for the current income limits for first-time home buyer assistance programs in Los Angeles County. The limits are adjusted by total household size. Eligibility is tricky and most people do qualify for some level assistance. So don't disqualify yourself, speak with a qualified home loan coach today to find out how much home you can buy using these programs
Meet With a Home Loan Coach
Schedule a free individual home ownership consultation with an expert in first-time home buyer programs. During this one-hour meeting we well review your home buying goals, identify your any possible barriers as well as practical solutions. We will determine which assistance programs you qualify for and provide you with an estimate of your home buying power. If you like the numbers in most cases we can complete the approval process in the same meeting. We'll wrap up with a discussion about the home buying process including how to choose a great real estate agent to help you find a home that makes sense for you.
This free consultation can take place through a web meeting, over the phone, or in-person at our DTLA office. Click the link below to schedule a time convenient to you:
Click Here to Schedule a Free Consultation
Los Angeles Area First-Time Homebuyer Programs
- Los Angeles City Low-Income Purchase Assistance Program - The LIPA program provides up to $90,000 to low-income first-time homebuyers purchasing a home in the City of Los Angeles
- Los Angeles City Moderate-Income Purchase Assistance Program - the MIPA program provides up to $60,000 to moderate-income first-time homebuyers purchase a home in the City of Los Angles
- The Los Angeles County Home Ownership Program- The HOP program provides up to $75,000 in down payment help to low-income first-time home buyers buying a home in one of the 45 participating cities (not including the City of Los Angeles) and the LA County Unincorporated Areas
- Golden State Financing Authority - Provides down payment and closing cost assistance through the Platinum and OpenDoors program along with a low-interest rate conventional or government-insured first mortgage. GSFA programs can be used statewide
- California Housing Finance Agency My Home Program- CalHFA offers a down payment assistance loans for first-time homebuyers in California.