Homebuyer Education Classes
The following HUD homebuyer education classes are offered in San Jose:
*Certificate of completion of a HUD-certified homebuyer education class is required prior to City loan approval.
Upcoming Informational Workshops
The Housing Trust of Santa Clara County and the San Jose NSP2 Consortium invite you to attend a workshop to learn more about the Purchase Assistance Loan (PAL) program, a deferred second loan of 20% of the purchase price up to $50,000 to assist qualified homebuyers purchasing Foreclosed/REO properties in designated areas of San Jose. NSP2 funds, part of the American Recovery and Reinvestment Act (ARRA), will reduce the number of foreclosed and abandoned homes in the target areas and help to stabilize the housing market. Learn about the City of San Jose Dream Home Program and the Housing Trust's other first-time homebuyer programs.
Please RSVP by email to firstname.lastname@example.org.
Homebuyer Program Summaries/Disclosures
The City of San Josť homeownership programs are an important component of its overall housing strategy. The following programs are available for potential homebuyers in San Josť:
Homebuyer Program Comparison Chart
|Building Equity & Growth in Neighborhoods (BEGIN)||Dream Home
|Maximum Loan Amount||Up to 20% of Sales Price||Up to 20% of Sales Price||Up to 10% of Sales Price||$25,000|
|Loan Term||30 Years||30 Years||30 Years||30 Years|
|Interest Rate||3% Simple Interest||3% Simple Interest||3% Simple Interest||3% Simple Interest|
|Property Location Restrictions||Specific new construction developments listed on the BEGIN link above||Refer to eligible renovated homes listed on the NSP link above||Refer to eligible renovated homes listed on the NSP link above||Citywide|
The following income levels have been updated as of February 2012:
Supplemental Application Forms (if applicable)
Verification forms for no-income household members
Programs : Homebuyer Programs