California Teachers and Employees may be able to take advantage of loan programs that require as little as 3% down and only 1% of that from you; the other 2% can be a gift. This rates and fees of this program are set by CalSTERS.
As a long time resident of Contra Costa County, I have been aware that many of the people that work and teach in our schools have not been able to afford to live here. Times have changed. With the housing market slump and low interest rate, the homes on the 680 corridor in Concord, Martinez, Walnut Creek and other places have become perfect for our teachers.
I have a relationship with a mortgage banking group, Broadview Mortgage that conducts Webinars that describes the programs and what it takes to qualify. If you’re renting, please take the time to learn more about these programs.
Call me at 925-262-4299 or email me Sam@Benson4Homesto discuss these programs that put teachers and school employees into homes.