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wning a home especially at this age can be a great accomplishment. The country is dealing with a severe shortage of homes, and everywhere, home prices are reaching new highs. While owning a home can bring a sense of pride and accomplishment, it can also be a huge responsibility. There are so many issues that you have to take care of each month, and if you ask many homeowners, dealing with all these costs can be draining. In addition to the repair and maintenance costs, as a homeowner, you have to constantly worry about mortgage payments and all the interests added to your mortgage loan every day. I don’t mean to scare you about homeownership, but it is extremely important you are fully aware of what you are getting yourself into. Today, especially because of the COVID-19, it is so easy to fall behind on your mortgage. But thankfully, there are so many federal, state, and private mortgage assistance programs that you can take advantage of today and avert the crisis of being foreclosed. Today, we will delve into the mortgage assistance programs from the Golden State Finance Authority (GSFA)
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and the California Housing Finance Agency (CalHFA). MORTGAGE ASSISTANCE FROM GOLDEN STATE FINANCE AUTHORITY California’s Golden State Finance Authority (GSFA) created the Platinum Program, which provides low-tomoderate income California homebuyers with down
MORTGAGE ASSISTANCE PROGRAMS BY GSFA AND CALHFA
THE POWER IS NOW MAGAZINE | JULY 2021
