Fresno Offers Loans to First-Time Homebuyers
FRESNO, Calif. (KFSN) -- The city of Fresno is offering help to some first-time home buyers. The new program provides no-interest loans of up to $50-thousand dollars to eligible low income families.
The city will start accepting loan packages from participating lenders on May 3, 2010. Loans will be funded on a first come, first served basis, until the money is gone.
Prospective buyers must be buying their first home, meet some income requirements and provide at least a three-percent down payment.
The city of Fresno hopes to assist about 28-families.
housing, fresno, local
- FFD: Squatters likely causing dangerous fires
- Recycled water may ease drought concerns
- Lemoore considers tough water rules
- New twist in case of murdered Fresno sex offender
- Boston police safely blow up suspicious backpacks
- Job seekers interview for the world's...
- VIRAL VIDEO: Kids try to use a Walkman
- Police say 5 dead in Calgary stabbings
- Combat vehicles in east Ukraine fly Russian flag
- China's growth slows to 7.4 percent in 1Q
- Bank of America posts loss, hurt by legal expenses
- Riverdale man is the newest lottery millionaire
- Woman says Covered California "saved her life"
- Action News talks with Mrs. California