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Real
Estate Agents
I refer to
Neeru Sehgal
Temecula Real Estate
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First Time Home Buyer Programs
| Fremont |
Newark |
Union City |
Hayward |
San Leandro |
San Lorenzo |
Oakland |
| Pleasanton |
Dublin |
Livermore |
San Ramon |
Danville |
Alamo |
Walnut Creek |
| Milpitas |
San Jose |
Los Gatos |
Campbell |
Santa Clara |
Sunnyvale |
Morgan Hill |
| Mountain View |
Cupertino |
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| CAL HFA |
ACORN |
Wachovia |
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Summary and Links to Programs |
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San Jose
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The City of San Jose has several first-time homebuyer assistance
programs available. The amount of funding ranges between$20,000
to $80,000. If you are willing to purchase a home in the newly
designated development areas, you can apply for more down
payment assistance.
View and Print the First Time Homebuyers' Quick Reference
Guide from the City of San Jose - Department of Housing
http://www.sjhousing.org/downloads/QuickReference.pdf |
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Los Gatos
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Los Gatos Below Market Program
(BMR
Programs)
Town of Los Gatos Below Market Price Housing Program |
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Campbell
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Affordable Home Ownership Program Offers Home Ownership
Opportunities in the City of Campbell
The city of Campbell has a $25,000 first-time down payment
assistance program. If you meet their income limit and have not
owned property in Santa Clara County for the past three years,
you may be eligible. Keep in mind that you must buy a home in
the city of Campbell.
City of Campbell First Time Homebuyers Deferred Loan Program |
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Santa Clara
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Obtain information about the City of Santa Clara's First Time
Homebuyer's Financing Program
http://www.ci.santa-clara.ca.us/plan_inspection/first_time_buyer.html
Stephanie Gutowski - (408) 615-2490
Its SuperFlex program provides a
first and second mortgage together. The deferred-payment,
reduced-rate second lowers the amount of mortgage insurance and
provides funds toward down payment or closing. Information at
Mortgage Certificate Program, or call (408) 299-5142.
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Sunnyvale
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The City of Sunnyvale is committed to providing various types of
affordable housing opportunities for very low to moderate income
individuals and families.
AFFORDABLE HOUSING PROGRAM - BELOW MARKET RATE (BMR) HOME
OWNERSHIP PROGRAM
Below Market Rate (BMR) Program is for First Time Home Buyers.
First Time Home Buyer definition is when the applicant's name
has not appeared on a residential title in the counties covered
by the Association of Bay Area Governments (ABAG) or Association
of Monterey Bay Governments (AMBAG) which are Alameda, Contra
Costa, Marin, Monterey, Napa, San Benito, San Francisco, San
Mateo, Santa Clara, Santa Cruz, Solano and Sonoma for at least
three (3) years prior to application. Exception is made for
people who were homeowners prior to a divorce settlement.
Properties may be owned in foreign countries as well as
elsewhere in California or the United States. For more
information go to the City of Sunnyvale website:
Sunnyvale Community Housing Division - Affordable Housing
City of Sunnyvale Below Market Rate Program Information |
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Morgan Hill
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The City of Morgan Hill offers a home-ownership program for
first-time homebuyers. This program, called the Below Market
Rate Housing Program (BMR), links qualifying buyers with sellers
of designated affordable priced homes. Program participants need
to obtain their own financing. In exchange for the opportunity
to buy a home under this program, participants are required to
sign an agreement that restricts the resale of the BMR home for
45 years.
The highest priority is given to applicants who currently live
in Morgan Hill and have lived here for at least one year. Second
priority is for applicants employed in Morgan Hill. For more
information on the City of morgan Hill Below Market Rate Program
and other first time home buyers programs click the link below:
http://www.morgan-hill.ca.gov/html/citysvc/comm/house.asp |
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Mountain View
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The City of Mountain View Housing Handbook offers a concise
listing of various housing services available to the community,
covering a broad spectrum of housing, with an emphasis on
affordable housing options: rental housing, home ownership,
housing for seniors, housing for persons with disabilities, and
emergency shelter.
Housing Handbook |
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Cupertino
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Below Market Rate (commonly known as BMR) program for the City
of Cupertino. Below Market Rate (BMR) Housing Program The City
of Cupertino required that 15% of all new construction be
affordable to households below 120% of the County median income.
Rental units are affordable to very low and low-income
households while ownership units are affordable to median and
moderate-income households. Click the links below for more
information.
http://www.cupertinocommunityservices.org/housing.html
City of Cupertino Community Development Department
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Teacher's Homebuyers Programs |
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Teacher Homebuyers Program for
full-time teachers in San Jose schools offers no-interest,
no-payment loans. Go to
http://www.sjhousing.org/ or call (408) 277-8486 or (408)
277-2266. |
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California
Housing Finance Agency |
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California Housing Finance Agency
offers below-market interest rates on first mortgages and
down-payment assistance through specific lenders. Information:
http://www.calhfa.ca.gov/ or (916) 322-3991. |
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CalHFA |
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Homebuyer programs, including downpayment and closing cost
assistance; New Income Limits: $627,591
HiCAP Loans
$25,000 dererred repayment loans
CHAP Loans
Extra Credit Teachers Home Purchase Program
Multifamily and Mortgage
Insurance Programs
http://www.calhfa.ca.gov/
916-322-3991 |
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