Explore down payment assistance options with Phil Holguin, a mortgage broker based in Porterville, CA helping qualified homebuyers throughout California with down payment and closing cost assistance.
Phil Holguin, Sr. Loan Officer
Empower Home Loans
Phone: (559) 359-9785
Email: [email protected]
NMLS# 1763797
Company NMLS# 1729528
Licensed in: CA
Explore down payment assistance options with Phil Holguin, a mortgage broker based in Porterville, CA helping qualified homebuyers throughout California with down payment and closing cost assistance.
LOAN PROGRAMS
A little help upfront can make homeownership more attainable.
Down payment assistance programs may help qualified buyers with some or all of the funds needed for a down payment and/or eligible closing costs. Programs vary by location, income, household circumstances, loan type, property, and other eligibility requirements — and not every borrower will qualify.
Assistance may reduce the amount of cash a qualified borrower needs to bring to closing. It can take different forms depending on the program — none of which is promised or available in every situation.
The largest assistance amount is not necessarily the best financial option. A program that looks generous on paper can still change the first mortgage, the monthly payment, or the long-term cost in ways that do not fit your goals.
Program availability and qualification depend on the borrower, property, location, program, lender, and current guidelines. This page is educational and is not a loan offer, approval, or commitment to lend.
The first mortgage, interest rate, monthly payment, closing costs, assistance terms, and long-term cost — together — before choosing a program.
A promise that assistance will be available, that a particular amount will apply, or that one advertised program is the right fit for every buyer.
Eligibility varies by program and may consider factors such as household income, property location, purchase price, occupancy, credit profile, loan program, and whether the borrower is a first-time homebuyer.
Not every down payment assistance program requires the borrower to be a first-time homebuyer. Some are built around that definition; others may be open to repeat buyers as well.
Phil can help review your situation and determine next steps — including whether assistance may be worth considering alongside traditional financing. Qualification is never automatic.
Depending on the assistance program and borrower eligibility, down payment assistance may potentially be paired with FHA, conventional, VA, USDA, or other eligible first-mortgage programs. That does not mean every DPA program works with every loan type.
Phil can compare available programs and traditional financing side by side. The goal is finding the financing structure that makes sense for you — not simply choosing the program advertising the largest amount of assistance.
Rate, payment, closing costs, assistance terms, and how long you plan to keep the loan all belong in the same conversation. A larger assistance figure can still be the more expensive path once the rest of the loan is included.
Share your goals and Phil can walk through whether assistance, a traditional first mortgage, or a combination may be worth considering — based on your situation, not a one-size-fits-all pitch.
Straightforward answers about down payment assistance
Get pre-approved to start the conversation, or talk with Phil about whether down payment assistance — or another structure — may fit your next move.
Down payment assistance programs, amounts, terms, eligibility, and availability vary and are subject to borrower qualification, property eligibility, location, program guidelines, lender requirements, and current rules. This information is educational and does not guarantee approval, assistance, rates, savings, or loan terms. Not every borrower will qualify, and not every program is available in every area or with every loan type.