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Openings are available for the City of Garden Grove’s First-Time Homebuyer Virtual Workshop on Saturday, April 16, 2022, from 9:00 a.m. to 12:00 p.m. The workshop will introduce qualifying low-income families to the process of buying a home, including how to qualify for a home mortgage and information on financial assistance programs offered through the City. To sign up, visit ggcity.org/fthbp. Access instructions will be provided at the time of registration.
The City currently offers the CalHome loan, a 30-year deferred payment loan requiring no monthly payments, not exceeding $60,000, which accrues 3% simple annual interest for the life of the loan. The loan is designed to assist with covering the difference between a qualifying mortgage amount and the actual price of a single-family home for qualified low- and very low-income families.
The next First-Time Homebuyer Virtual Workshop will be held on Saturday, June 4, 2022, from 9:00 a.m. to 12:00 p.m.
For more information and to sign up, visit ggcity.org/fthbp, contact Timothy Throne at (714) 741-5144 or the Franklin Loan Center at (949) 231-0142.
