Information presented by:
NOT a government website
is this program for?
does the program work?
properties are eligible?
other else do I need to know?
do I apply??
This program is for low to moderate income households who intend to occupy the property as their primary residence. The applicant DOES NOT need to be a first time homebuyer.
The income limits for this program can be Found on the INCOME LIMITS PAGE
The program gives homeowners a silent second loan of up to 5% of the loan amount. This second mortgage is forgiven AFTER 3 years and does not need to be repaid.
The grant can be used towards down payment and/or to cover closing costs.
The Platinum Program grant can be combined with FHA, VA, USDA and Conventional financing
Single family homes, town homes and condominiums located within the State of California are eligible. Multi unit properties are eligible only if guidelines for the first mortgage allow it them.
As already mentioned, these guidelines are not the complete set of eligibility and qualification requirements but rather an overview.
Applications are made through an approved participating lender
Laura Borja with Mann Mortgage is an approved participating lender
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Information in this website is not intended as a commitment to lend, an offer to extend credit, or rate guarantee. Not all applicants will qualify. Information provided is deemed reliable as of published date but is not guaranteed. Laura Borja (NMLS#199107) and Mann Mortgage, LLC are not endorsed by, nor acting on behalf of or at the direction of, U.S. Dept of Housing and Urban Development, Federal Housing Administration, Veterans Administration, the U.S. Department of Agriculture or any other Federal Agency. Mann Mortgage NMLS#2550 is Licensed by the Dept of Business Oversight under the California Residential Mortgage Lending Act #813K741
11230 Sorrento Valley RD, Ste 140
San Diego CA 92121