County of San Luis Obispo County First Time Home Buyer Programs

by Scott Schang on December 5, 2008

Updated 12/17/09-  There is no such program for this County at this time.

 

What is the FTHB program?
The County of San Luis Obispo Housing
team offers the First Time Home Buyer
(FTHB) program to assist qualified homebuyers
with purchase price, down payment
and closing costs.
2. Which type of properties are eligible?
The FTHB second loan is used to purchase
single family houses, condos, townhomes,
and manufactured homes that are permanently
fixed to a permanent foundation.
3. Where can I purchase my home using
FTHB loans?
The First Time Homebuyer program is
designed to purchase properties located
within the County of San Luis Obispo except
for the cities of Pismo Beach and
Morro Bay.
4. What is the maximum loan amount?
The maximum loan amount is $55,000 while
the homebuyer must contribute at least 30%
of gross income towards monthly housing
expenses.

To view the County of  San Luis Obispo’s website, please CLICK HERE

Related posts:

  1. City of Blythe First Time Home Buyer Programs – See Riverside County Economic Development Agency Down Payment Assistance Programs
  2. County of Orange Mortgage Assistance Program (MAP)
  3. Housing Trust of Santa Clara County First Time Home Buyer, Down Payment Assistance Program

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