Thank you!
We will contact you shortly.
Montebello Cal Home Silent Second Mortgage
Access deferred second mortgage loans in Montebello to help bridge the gap between your buying power and the home price
Montebello Second Mortgage Loan Program
The Montebello Silent Second Mortgage Loan offers up to $75,000 in down-payment assistance to first-time homebuyers and is available for all counties within California. This program is designed to help bridge the financial gap between buyers' resources and the home purchase price, making homeownership more attainable.
It is a second mortgage loan that does not require repayment for 30 years and carries a 3% interest rate. Prospective buyers who meet the eligibility criteria are encouraged to verify their eligibility and reach out to MHDC for further details
Must meet the income requirements.
Below is the income requirement for 2024 for Los Angeles County.
Start now your journey for homeownership!