So you are looking to buy a home in Berkeley. In this eddition of Golden Nuggets we will take a look at Down Payment Assistance and First Time Home Buyer programs in the Alameda County, CA City of Berkeley. There is $67,000 in Down Payment Assistance available for the purchase of your New Home. The funds may be in the form of grants, gifts and silent seconds with affordable housing covenants and/or equity share restrictions. Funds may come from the City, County, State, or other Agencies and Non-Profits.
Summary: The City of Berkeley does not currently have a Down Payment Assistance Program or First Time Home Buyer program available directly through them. Assistance may be available from County, State and other resources.
The State of California offers up to an additional 6% in assistance through several programs designed to help First Time Home Buyers, plus a bonus of $7,500 because Berkeley is a high cost area.
Special financing may also be available, including additional Down Payment Assistance and Below Market Interest Rates. Restrictions Apply.
To see if you are eligible for assistance contact Nate Ellis.
or Call 888-808-NATE (6283)
Nate Ellis "Mr. Danke Schoen" is the Vice President of the Contra Costa Realtors in Motion(CCRIM) real estate marketing group. Nate Ellis specializes in assisting First Time Home Buyers with no money down by leveraging Down Payment Assistance in the form of grants and "silent seconds". Nate Ellis is a certified lender for the City of Walnut Creek, City of Concord and City of Pittsburg First Time Home Buyer program, as well as several other San Francisco Bay Area Cities. Nate Ellis is also the Chairman of the Mt Diablo Housing Opportunity Center(MtDHOC) steering committee. The MtDHOC acts as the central resource for Contra Costa County's housing needs and education regarding: First Time Home Buyers, Foreclosure Prevention, Senior Housing and Landlord and Tennant resources. Nate Ellis is also a Certified Money Management Volunteer (CMMV) for Money Management International and assists people with credit evaluation and financial education. Nate Ellis is a certified CalHFA, CalPERS and FHA Lender. Nate Ellis is a Loan Officer for Residential Pacific Mortgage 3201 Danville Blvd, Alamo, CA 94507. Equal Housing Lender. Any rates or programs quoted or referenced are not guaranteed and are subject to terms and conditions. All offers and programs may be withdrawn at any time. ©Copyright 2008 MrDankeSchoen Nate Ellis http://www.cahousingblog.com/ Nate@BuilditBuyitRefiit.com Help a Teacher, Cop, Firefighter or EMT be a Good Neighbor.
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