Openings are available for the first-time Garden Grove homebuyer workshop. The workshop will take place on Saturday, July 30, 2016 from 8:00 a.m. to 4:00 p.m., at the Garden Grove H. Louis Lake Senior Center, located at 11300 Stanford Street.
The workshop will introduce potential Garden Grove homeowners to the basic steps of home buying, including how to qualify for a home mortgage, as well as information on financial assistance programs offered through the City.
The City currently offers a State of California Proposition 1C-funded CalHome loan. The loan is designed to assist qualified low- and very low-income families with covering the difference between a qualifying mortgage amount, and the actual price of a single-family mobile home. The CalHome loan is a 30-year deferred payment loan requiring no monthly payments, not exceeding $60,000, and accruing three-percent simple annual interest for the life of the loan.
The next workshop dates are scheduled on August 13, September 24, and December 3.
To sign up for the workshop, or to obtain more information on the City’s First-Time Homebuyer programs, go to www.homeingardengrove.org or call Matt Callahan at (562) 391-6453. Information is also available by calling the City of Garden Grove Community Development Department at (714) 741-5789 or visiting the Neighborhood Improvement website.