First Time buyers can qualify for programs that will cover some of the cost in a pricey market.
Agencies that provide programs for first time buyers:
- Affordable clearinghouse. www.affordable-hoosing.org
- Neighborhood Housing Services of Orange County. www.nhsoc.org
- City of Anaheim (Community Development Department, Housing Services Agency)
1. Help Program
2. American Dream Down payment Initiative.
Buyers are required to have 3% down payment of purchase price, plus closing costs at least $5,000.00.
Must be First-Time Homebuyer (not have owned residential property in past 3 years)
Must remain owner- occupied
Compatible with FHA, Calhfa and conventional financing
Property must be a single-family unit (SFR, Condo, Town home)
Program conditions and restriction may apply
- Funding is available on a first first-come, first service basis.
- Preference to house holds who work or reside in Anaheim, or who are being displaced or relocate due to city goverment actions.
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