City of Carson Home Purchase Loan Program - Page 2

Below is additional information about the City of Carson's First Time Homebuyer Program that offers up to $75,000. in downpayment assistance to First Time Homebuyers.

When the Buyer/Seller Enter into the Purchase Contract, what is the next step?

• Upon reciept of the fully executed purchase contract from realtor, 21st Century Home Loan will begin the underwriting process. Upon reciept of the unerwriter's approval 21st Century will prepare the approval package for the Agency and the Agency program consultant.

Call 21st Century Home Loan at 562-984-6280
to speak with a lender today!

What are eligible properties for the Home Loan Program?

• New or previously owned single-family houses, condominiums, or townhomes, located in the City of Carson are eligible.

What are the occupancy requirements for the Program?

• The applicant must certify that the unit will be the household's primary residence and it must meet household size requirements

What are some compatible First Mortgages?

• The Home Purchase Loan Program may be used with conventional fixed-rate loans. Eligible Lenders like 21st Century Home Loan will process the underlying mortgages using standard underwriting procedures. Other examples of acceptable First Mortgages include Conventional, FHA, CALFHA and CHFA.

For more information about the City of Carson Carson Home Purchase Loan Program give 21st Century Home Loan a call today at (562) 984-6280 for more information.