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anahiem

City of Anaheim – HOME Federal Down Payment Assistance Program

by Scott Schang November 10, 2009 Down Payment Help

Program Summary
Federally funded payment assistance program
Program Details
Eligible Buyers: Assistance offered to households who do not currently own a home
Purchase Price Limits: $280,749
Down Payment Assistance: Up to $50,000
Interest Rate: 3% simple interest
Income Limits: 80% of Area Median Income

Household Size
Income

1
$39,500 or less

2
$45,200

3
$50,850

4
$56,500

5
$61,000

6
$65,550

7
$70,050

8
$74,600

Payments: No monthly payments due.  Loan due when 1st mortgage is refinanced or home is [...]

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