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County Mortgage Assistance

County of Orange Mortgage Assistance Program (MAP)

by Scott Schang November 10, 2009 Down Payment Help

Program Summary
Silent second mortgage loan program for low-income first-time homebuyers; principal and interest payments deferred for term of loan due in 30th year or upon sale or transfer of property, when property ceases to become owner-occupied, or upon repayment or refinancing of first mortgage, whichever comes first.

Program Details
Eligible Buyers:
All buyers on title must [...]

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Alameda County Mortgage Credit Certificates

by Scott Schang November 9, 2009 Mortgage Assistance

Alameda County Mortgage Credit Certificate

The Mortgage Credit Certificate Program (MCC) is a federal program that helps first-time homebuyers to qualify for mortgage loans. MCCs give homebuyers a “dollar for dollar” tax credit against federal income taxes equal to up to fifteen percent (15%) of annual mortgage interest. By effectively reducing monthly mortgage payments, MCCs give [...]

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El Dorado County First Time Home Buyer Program

by Scott Schang November 9, 2009 Down Payment Help

Updated 3/5/09: I called today, currently there is no funding, but funding is to be expected within the next 60 days.

FIRST TIME HOMEBUYER LOAN PROGRAM
The First Time Homebuyer Loan Program provides low interest rate loans to eligible homebuyers to assist in the purchase of a home in the unincorporated areas of the County. With the [...]

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El Dorado County Mortgage Credit Certificate Program

by Scott Schang November 9, 2009 Down Payment Help

MORTGAGE CREDIT CERTIFICATE PROGRAM

The El Dorado County Mortgage Credit Certificate Program is available to provide home purchase assistance in the City of South Lake Tahoe and the unincorporated areas of El Dorado County.
The Mortgage Credit Certificate Program reduces the amount of federal income taxes a homebuyer pays. This allows the homebuyer to qualify for a [...]

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Riverside County First Time Home Buyer Mortgage Credit Certificate Program – MCC

by Scott Schang November 9, 2009 First Time Buyer Loans

The Riverside County Economic Development Agency (EDA) is launching the Mortgage Credit Certificate Program for future homebuyers within Riverside County. Our office will start accepting MCC applications from our approved lenders starting November 10, 2008.
Learn More

Mortgage Credit Certificate
A Mortgage Credit Certificate (MCC) entitles qualified home buyers to reduce the amount of their federal income tax [...]

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Down Payment Assistance for Orange County

by Scott Schang October 30, 2009 Down Payment Help

Down Payment Assistance
Contact Letty Plascencia at 714.490.1250 or by email at lettyp@nhsoc.org

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Housing Trust of Santa Clara County First Time Home Buyer, Down Payment Assistance Program

by Scott Schang October 29, 2009 Down Payment Help

The Housing Trust of Santa Clara County offers two programs designed to help qualified first-time homebuyers in our community.
DOWNPAYMENT ASSISTANCE PROGRAM
WHO IT HELPS: First-time homebuyers earning between 60% – 100% AMI who have not owned a home in Santa Clara County in the last 3 years. Other qualiﬁcations may apply.
HOW IT HELPS: The Housing Trust [...]

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County of Marin Mortgage Credit Certificate (MCC) First Time Homebuyer Assistance

by Scott Schang October 28, 2009 Down Payment Help

Mortgage Credit Certificate (MCC)The MCC provides a federal income tax credit to eligible first-time homebuyers. The credit is equal to 15% of the annual interest paid on the first-time homebuyer’s first mortgage and can be taken as long as the home is the principal residence. The applicant must apply for and qualify for a first [...]

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Town of Truckee First Time Home Buyer, Down Payment Assistance

by Scott Schang October 28, 2009 Down Payment Help

FIRST-TIME HOMEBUYER
DOWN PAYMENT ASSISTANCE PROGRAMS
The Town of Truckee desires to provide housing opportunities to households of varying income levels and has down payment assistance programs available to assist income-qualified, first-time homebuyers purchase their first home. These programs provide down payment loans, payments and interest are deferred until the home is no longer the homebuyer’s [...]