Service Name: FIRST TIME HOME BUYERS LOAN PROGRAM

Organization Name: CITY OF PORTERVILLE

• Description: This program is designed to help lower income first time homebuyers purchase a home and qualify for long-term financing from a participating lender of their choice.
• Website: http://www.ci.porterville.ca.us/depts/CommunityDevelopment/HousingAssistance.cfm
• Email: housing@ci.porterville.ca.us
• Phone(s): (559) 782-7460, (559) 782-7460
• Hours: Monday - Friday 8:00 am to 5:00 pm
• Eligibility: Applicant must complete a Home Buyer Education Class acceptable to City. Applicant must provide a minimum 1% down payment of the total purchase price of home from their own assets. (3.5% might be required by first mortgage lender for closing costs.) Applicant must be a first time homebuyer (which is a family or person who has not owned a home within the last three years, is a qualified displaced homemaker, is a qualified single parent, or is a single woman and pregnant). Applicant must use the home as their principal place of residence. Applicant must have sufficient income and credit worthiness to qualify for a first loan from a mortgage lender. All combined income must be below 80%* of the median income for household size (household includes all persons over the age of 18 living in the home and earning income)
• Requirements: Call for information
• Areas Served:
  • Tulare United States
• Categories:
  • Home Purchase/Mortgage Refinance Loans
• Contacts:
  • Christina Tank or Rocio Mejia, Admin Aide, housing@ci.porterville.ca.us