Looking To Spruce Up Or Repair Your Foothill Ranch Home? If you own a home in Foothill Ranch (or Lake Forest for that matter) you may be eligible for the City's Housing Rehabilitation Loan Program. This loan program offers zero-interest deferred loans for home repairs and improvements. Homeowners may receive up to $30,000 for home improvement items. Mobile home owners may receive up to $15,000. There are no monthly payments on the loan. The total principal payment is due at the time of sale or transfer of title/ownership. Additionally, a 3% loan that has amortized payments over a fifteen (15) year (0 comments)