Down Payment Assistance Programs in Fresno with MKG Enterprises

Real Estate Agent with eXp Realty DRE# 01997670

Fresno has seen a rise in the demand for housing these past few years. It offers more affordable homes while major cities such as San Francisco and Los Angeles are within easy reach. In addition, it’s located in close proximity to Yosemite National Park and Kings Canyon National Park. Therefore, it’s popular with home buyers of all ages; whether they’re of the working class or retiring.

With the rate of property sales showing little to no sign of slowing down, it’s no wonder that home prices increase. With higher home prices comes higher down payment requirements, plus the Private Mortgage Insurance for paying less than 20% down. The rate of the Private Mortgage Insurance, or PMI for short, varies according to the loan size and credit score. As a reference, it ranges between 0.5% and 2.25% of the whole mortgage on an annual basis. 

Now imagine if a borrower takes out a home loan of $240,000 and is charged 1% for PMI. He’ll need to pay an extra $2,400 every year, which equals to an additional cost of $200 per month. If only had he fulfilled the 20% down payment requirement, the extra $2,400 would’ve been waived. For this very reason, MKG Enterprises Corp steps in with their
Down Payment Assistance Programs.

Linda Peltz realtor Fresno had the opportunity to talk to Marshawn from the MKG Enterprises about the company’s programs. This
Fresno mortgage consultant provides assistance to borrowers applying for mortgage loans, home and equity lines of credit and other financial services. Stay tuned on the video below as we discuss the licensed home loan Fresno in detail.


Say Goodbye to PMI Premiums

With the Down Payment Assistance Programs, you don’t have to worry about paying an extra several hundred bucks every month. Since the PMI exists to solely protect the lender, you’ll still lose the home to foreclosure in case you default. By meeting the minimum requirement of 20% down payment, you’ll be exempted from the obligation to get a PMI.

Down Payment Assistance Programs

As a licensed Fresno mortgage consultant, the MKG Enterprises Corp requires clients to be pre-approved prior to proceeding with their applications. For this purpose, applicants are requested to present their W2, tax returns and paychecks. Not only does the MKG Enterprises Corp offer licensed home loan Fresno, but they also assist in tax filing. All these are done as part of their commitment to delivering a seamless customer experience.

Another good news - Immigrants are also welcome to apply for the Down Payment Assistance Programs. Prospective borrowers need to act fast though, as only 20 slots are available for qualifying applicants.


Down Payment Assistance Programs


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MKG Enterprises Corp Company Overview

As a diversified Fresno mortgage consultant, the MKG Enterprises Corp also specializes in one-time construction loan, financial, tax preparations and insurance. They are committed to assisting both first-time homebuyers and existing homeowners on home loan and financial matters. Visit them at and submit your application for a licensed home loan Fresno. They’ll get in touch with you to request pre-approval documents shortly.  Alternatively, their Down Payment Assistance Programs are available through the mobile app “MKG Enterprises Corp” on the App Store or Play Store.

Marshawn Govan

MKG Enterprises Corp.


4021 N Fresno Street Suite 107

Fresno, CA 93726


Linda Peltz, eXp Realty | DRE 01997670


Comments (3)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Linda. When my wife was a loan officer in Florida, there were several of these programs available. The trick ws finding the one that worked for the borrower. They assisted many wh would have otherwise been unable to purchase. Enjoy your day.

Apr 07, 2023 03:49 AM
Linda Peltz Realtor - eXp Realty

Thank you, it is still a struggle matching buyers with programs. The struggle is real.

May 22, 2023 07:55 AM
Linda Peltz Realtor - eXp Realty

Yes, trying to get them matched up is a challenge someday's. We all get busy. It's like a needle in the haystack. 

Apr 07, 2023 03:59 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Great information, have a wonderful Good Friday.  Enjoy your Easter weekend.  Back to work for some of us on Monday. Bill 

Apr 07, 2023 06:30 AM
Linda Peltz Realtor - eXp Realty

Thank you, Mondays are real, lol.

May 22, 2023 07:56 AM
Linda Peltz Realtor - eXp Realty

Thank you, you also!

Apr 07, 2023 06:39 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Good morning Linda. So inspiring of you to make this video about loans. I know it will be useful for a lot of people. Keep up your good and creative work!

Apr 07, 2023 08:47 AM
Linda Peltz Realtor - eXp Realty

Thank you.

Apr 07, 2023 08:49 AM