All rights reserved Copyright © 2015 Equinox Home Financing, Inc. 

17291 Irvine Blvd Suite 400 Tustin, CA 92780

Licensed by the California Bureau of Real Estate License # 01961837 | Arizona MB-0945174 and the NMLS License # 1212805 | FL Mortgage Broker License #: MBR2727, GA Mortgage Lender #70811, OR DFR Mortgage Lender License #1212805, PA Broker License #69055, SC DCA NMLS #1212805, TX Mortgage Company License, VA Broker License #: MC-6900, WA Consumer Lender License #CL-1212805
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DOWN PAYMENT

ASSISTANCE

FOR FIRST-TIME BUYERS

NOW OFFERING ZERO DOWN-PAYMENT ASSISTANCE TO FIRST-TIME BUYERS

WANT TO BUY A HOME BUT DON'T HAVE A DOWN PAYMENT?

Since 2013, Equinox Home Financing has been a leader in providing Down Payment Assistance programs for first-time buyers. You can buy and have the same mortgage payment as it would cost you to rent however the only issue is the down payment. This is why many first-times buyers work with us to get help with down payment assistance.

Why Equinox?
 

Here at Equinox Home Financing, we pride ourselves on providing solutions to homebuyers who want to buy and can afford the monthly payment but does not have enough money for the down payment. Apply today or call us to find out what you qualify for!

What are you waiting for?

Call us today. A licensed representative is on stand by to help you with your financing needs. There's no need to wait any longer. Get financing now!

TESTIMONIALS

See what our clients are saying...

"Equinox Home Financing helped me get into a home with no down payment. I highly recommend them".

Edgar Paiz, Irvine CA

"...the team at Equinox helped us get into a home when we got declined everywhere else. We are self employed and it should be this easy for everyone. Thanks guys you get 5 stars!"

Jason and Renae Dazy, Los Angeles CA

Call or Apply Online

Our licensed loan officers are ready to help answer any questions that you have. Taking an application over the phone could be as quick as 10 minutes.

Get Approved

We will review your loan application, check your credit, quote you terms, and get you pre=approved so you can start shopping for a home.

Once all items have been satisfied and we are clear to close, loan docs will be drawn. You'll sign loan docs and your loan will fund.

Fund

PROGRAM HIGHLIGHTS

• Credit Score as low as 620
• Interest Rates Start at 3.75% / 4.129% APR
  
• Up to $25,000 in Down Payment Assistance
• Grant or Silent Second for Down Payment Available
  
• No Cost to Apply
• Previous Homeowners OK
• Fixed Rate Programs
• Owner Occupied Only- No Rental Home Loans
  
• Easy Approval Process

How It Works

What is a Down Payment Assistance Loan?

Most home buyers are unaware that there are many programs available to help those that have never bought a home and would like to get assistance for their down payment.  These programs are available in all 50 states and are given by city, county, state, and Federal programs. Equinox Home Financing has done all the research necessary to obtain information on these programs to help our buyers get into a home with no down payment.

Is My Credit Score a Factor in Getting Approved?

Yes a credit score is very important however there are other determining factors when getting qualified to buy a home. Since first-time buyers who seek assistance do not have a down payment, it is important to show that a good credit history is in tact to get qualified. Most programs have a minimum credit score requirement of 620.

Am I Eligible for Down Payment Assistance?

We look at credit and income to get qualified for a program. There are programs that require a buyer to not have owned a home in the past 3 years where other programs do not have this requirement. Each county also has income limits you must fit so if you make too much money, you may not qualify. Once your income and credit qualify, the next step is to find a home that fits your needs.

Do You Check My Income?

To get qualified for a Down Payment assistance program you must have stable income and show the ability to make your mortgage payments. Most programs have a debt to income ratio of 50% whereas other programs allow a debt to income ratio of as high as 56.99%.

Are there Closing Costs?

When buying a home, there are closing costs that are associated in order to buy a home. As far as the loan costs go, there is a underwriting fee of about $999, credit report fee of $50, and the remaining fees are based on all other parties involved in the transaction. Companies that are involved may be a home inspector, appraiser, title insurance company, closing agency, and government agencies who must file or record important documentation.

Is an Appraisal Required?

When buying a home, an appraisal is always required. The lender wants to know that they are making a loan or lending a buyer money for a home that is what it's worth.