Trying To Find Info About How To Obtain A Grant Or Interest Free Loan For A Californian First Time Home Buyer?
There are grants/low interest loans for first time homebuyers The available programs vary by city, so I suggest you visit the city website. Look for the housing department and they should have any available programs listed.
Here’s an example from the City of Pasadena:
The Homeownership Opportunities Program provides down payment assistance up to $200,000 in the form of a second trust deed loan with a 45-year term.
Prospective applicants must be first-time homebuyers and qualify as Lower or Moderate Income.
A minimum 3% down payment is required. Purchase prices may not exceed $425,000. Monthly payments on the HOP loan are amortized over the 45-year term but in certain circumstances payments during the first 5 years of the loan term may be waived.http://adjix.com/ke46

