GSFA Platinum - El Dorado County

GSFA Platinum - El Dorado County is a grant for homebuyers in El Dorado County, California. GSFA Platinum grant up to 5% in El Dorado County (South Lake Tahoe area). No repayment. Up to 5.0% of purchase price in assistance. non-repayable grant. Funding comes from Bond/Authority.

GSFA Platinum - El Dorado County provides assistance worth 5% of the purchase price, as set by the program. The program asks homebuyers to contribute 1% of purchase price (borrower minimum). The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

GSFA Platinum - El Dorado County is structured as a grant, so it is not repaid. Repayment is triggered by None (grant). The assistance is recorded in N/A (grant - no lien) position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

GSFA Platinum - El Dorado County is open to homebuyers who will live in the home as their primary residence. On credit, the program states: Minimum 640 FICO score required for all borrowers. Residency requirement: Primary residence in El Dorado County. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen.

GSFA Platinum - El Dorado County sets its income limit as follows: Contact program provider for current income limits. The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

GSFA Platinum - El Dorado County caps the purchase price at $764,750. Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD. New construction is eligible. Manufactured homes are eligible.

GSFA Platinum - El Dorado County serves homebuyers purchasing in El Dorado County, California.

Applications for GSFA Platinum - El Dorado County go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through GSFA lender portal. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.