Home Purchase Assistance Programs

First time home buyers and low income families are suffering the most during this period of credit crunch we are currently experiencing. With some people are having more difficulty now getting loans or down payments to purchase their dream homes, I thought it might be helpful to provide a list of various housing assistance and other loan programs that I am aware of in local cities.

The City of San Jose has different programs, but perhaps the most notable one is the assistance for teachers program.

The City of Campbell has a first time home buyer assistance program.

The City of Santa Clara has a similar program.

The City of Sunnyvale has several assistance programs.

The City of San Mateo has a first time home buyer assistance program.

The City of Menlo Park has PAL.

Acorn Housing provides below market mortgage programs and counseling sessions for those who fall into to low or moderate income levels.

This is not a complete list but should be a good starting point for many.

Steve Mun, Silicon Valley Realtor
www.stevemun.com