First Time Home Buyer Program

The City of Clearlake is offering assistance for the purchase of a single-family home in the City of Clearlake. The First Time Home Buyer Program provides loans to qualified applicants. Federal money for this program is received in the form of a grant awarded to the City of Clearlake. awarded by the Department of Housing and Community Development and is administered by the City of Clearlake. The maximum loan amount is $40,000.

This program has the advantage providing a 3% simple interest rate, completely deferred for the life of the primary loan and can cover non-recurring closing costs. The borrower must make a down payment of at least 3% from either borrower funds or gift funds. A Home Ownership class is required.

The home must pass an Inspection for Health and Safety Standards and local codes.

Income limits must be met and verified.

For more information please contact:

Tina Viramontes  707-994-8201 x131


First Time Home Buyer Application