Grants are available to qualified homeowners in unincorporated areas and participating cities who require replacement of roofs and forgivable loans for improvements to their mobile homes who are unable to obtain adequate financial assistance from commercial lenders.
The County of Orange/OC Community Services is updating its Contractors Bidder’s List and is currently soliciting contractors.
Homebuyer
Mortgage Assistance Program (MAP)
The County's MAP provides silent second loans to assist low income first-time homebuyers, with annual incomes not to exceed 80% of the Area Median Income (AMI). The loans are designed to help pay for down payment and/or closing costs to purchase a home. The 3% simple interest, deferred payment loan has a term of 30 or 45 years depending on the funding source, and a maximum loan amount of $40,000. Homebuyers must occupy the property as their primary residence. There is a 1% minimum down payment required for this program and the total sales prices shall not exceed 85% of the Orange County median sales price for all homes, which as of October 2004 is $454,750 (85% of $535,000). All applicants are required to attend a homebuyer education workshop.
The Mortgage Assistance Program is currently closed.
