Pacific West Association of REALTORS®

“Opening Doors” is the Pacific West Association of REALTORS® Charity Foundation’s (PWRCF) Home Owners Association Assistance Program. The program was established as a means for the REALTOR® community to assist with the housing affordability crisis by helping families achieve the American dream of home ownership. In 2007, the “Opening Doors” program granted $225,000 in down payment assistance to local first-time buyers and in 2009 an additional $200,000. The program is a benefit not only to the community, but also to PWR REALTOR® members who may offer this program to their clients.

Maximum income levels (2 buyers) $111,600 for Orange County & and $90,960 for Los Angeles County.
Maximum purchase price is $400,000 for Orange and Los Angeles Counties.
Buyers must contribute 1% of the sales price from their own funds towards the down payment.
Buyer may not have owned any residence within the past 3 years.
Minimum credit score of 620.
Pre-approval from a direct lender
Minimum five-year fixed-rate, full documentation (no stated income) loan.
Applicants must be represented by a PWR REALTOR� member who supports the PWR Charity Foundation through various fundraising activities.
Property must be located within PWR's jurisdiction.
Short-sales excluded
Property and Home Owners Association must meet agency standards and pass review of PWR Underwriters (occupancy ratios apply, pending litigation, leased land, insufficient reserves not allowed)
Condos & True Pud’s allowed – no condo hotels
Other qualifications and restrictions apply.

The Opening Doors program is available to any qualified buyer who purchases a property located in PWR's jurisdiction, which represents 26 cities in Central/Northern Orange County and the Southeast Los Angeles County. Including:

Anaheim/Anaheim Hills, Brea, Buena Park, Cypress, Fullerton, Garden Grove, La Habra/La Habra Heights, La Mirada, La Palma, Lakewood, Long Beach, Los Alamitos, Norwalk, Orange, Pico Rivera, Placentia, Rossmoor, Santa Ana, Seal Beach, Signal Hill, Stanton, Tustin, Villa Park, Westminster, Whittier, and Yorba Linda.