Down Payment Assistance Available
- Down payment assistance is in the form of a second mortgage loan up to 10% of the purchase price of the home, with the maximum assistance being $15,000.
- A portion of the down payment assistance can be used for first mortgage loan non-recurring (one-time) closing costs.
- The down payment assistance has to be repaid in thirty (30) years. The loan amount and interest, which will be based on a 2% fixed rate, become immediately due and payable if/when the loan goes into default.
- Funding is from the Home Investment Partnerships Program (HOME) through San Joaquin County (‘HOME’ program) and from the City of Manteca through the Manteca Redevelopment Agency (‘RDA’ program).
To view full program,please CLICK HERE
To view the City of Manteca’s website,please CLICK HERE
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