City of Anaheim – Second Mortgage Assistance Program (SMAP)

Program Summary

Anaheim offers a variety of housing options for its citizens ranging from affordable to executive. Anaheim also offers the unique opportunity to live among history by purchasing one of our historical homes.

Program Details

Eligible Buyers: First Time Home Buyers – Can not have owned a home in past 3 years or a displaced homemaker or single parent.

Maximum Assistance: Up to $35,000 or 20% of the purchase price.

Interest Rate: 5% Interest

Income Limits:  Not to exceed 120% of Area Median Income

Payments/Recapture: Silent Second no monthly payments.  Loan is due in 30 years or sooner if property is sold or transferred

Eligible Properties: Family must purchase an existing single family detached home.  Condominiums & town homes are permitted.

Eligible Cities/Areas: City of Anaheim

Related posts:

1. County of Orange Mortgage Assistance Program (MAP)
2. Neighborhood Housing Services of the Inland Empire (NHSIE) – CalHOME Mortgage Assistance Program
3. City of Anaheim First Time Home Buyer Down Payment Assistance

Tagged as: City of Anaheim, down payment assistance, home buyers, Orange county