GSFA Platinum Grant - Riverside County Specific

GSFA Platinum Grant - Riverside County Specific is a grant for homebuyers in Riverside County, California. GSFA Platinum Grant for Riverside County homebuyers. Up to 5% grant toward down payment and closing costs. No repayment required. Up to 5.0% of purchase price in assistance. non-repayable grant. Funding comes from GSFA.

GSFA Platinum Grant - Riverside County Specific is structured as a grant, so it is not repaid. Repayment is triggered by N/A (non-repayable 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 Grant - Riverside County Specific 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: Must occupy as primary residence. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen. Up to 5.5% of first mortgage as non-repayable grant; no income limit; no first-time buyer requirement; must use GSFA-approved lender in this county.

GSFA Platinum Grant - Riverside County Specific limits household income to 160% of the area median income, which varies by county and household size. Workforce/moderate income: household income ≤160% AMI. 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 Grant - Riverside County Specific caps the purchase price at $690,000. Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD. New construction is eligible. Manufactured homes are eligible.

GSFA Platinum Grant - Riverside County Specific serves homebuyers purchasing in Riverside County, California.

Applications for GSFA Platinum Grant - Riverside County Specific 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.