First-Time Homebuyer Program
Down payment and closing cost funds are a big inhibitor which prevent many people from buying their first home. Often times potential buyers are paying as much in rent as they might pay toward a mortgage, but they cannot secure the funds needed for a down payment.
CAHMCO has been administering a first-time homebuyer program since 1998, serving more than 375 homebuyers since that time.
CAHMCO has new funds available for 2009-2010. CAHMCO is offering down payment grants and secondary loans. For more information about this program, click on the program brochure link below.
Applications are being accepted now. Contact a lender listed on the Approved Lender list to get started today. Funds are obligated on a first-come, first-served basis, and they are going fast.
First-time Homebuyer Program Documents
Program Brochure (161kb)
Approved Lenders (228kb)
Homebuyer Education Class Schedule (9kb)
Updated: 1/27/10
