First Time Home Buyers- Extra Credit Teacher Program in the Bay Area served on a silver platter

December 26, 2007 | Brian Lebars 

butler_small1.jpgEarlier this month I outlined city financing and down payment assistance programs offered for Pleasanton First Time Homebuyers, Dublin First Time Homebuyers and Livermore’s First Time Homebuyers. Today I would like to deliver on a silver platter a program that can be used in conjunction with some of the city programs for additional savings for First Time Homebuyers. CALHFA is a rapidly growing loan program that is filling the financing void for first time homebuyers looking to finance their first home with little to NO money down.

An added layer of value for those who teach in California is a program named Extra Credit Teacher Program. The California Extra Credit Teacher Program makes the dream of homeownership a reality for eligible teachers, administrators, staff members and employees who serve high priority schools (Schools with API scores 1-5)

Extra Credit Teacher Programs Provide silent financing that’s interest is forgiven if the qualified teacher or staff remains employed at the same school for 3 years. So how would $15,000 dollars sound to help you buy your home? Sound’s good to me so give me a call to see if you qualify for the California Extra Credit Teacher Program.

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Brian LeBars, Loan Consultant at Vintage Mortgage Group specializes in real estate loans, Jumbo homes loans, FHA loans, FHA 203k, first time home buyer loans, Community down payment assistance programs and Green Mortgage options. Green Mortgage Group is a source for information on real estate, homes, and Bay Area foreclosures and financing options. Green Mortgage Group provides you with all the resources you need to explore purchase and refinance options in the Tri-Valley, East Bay, and San Joaquin counties

Authored by Brian LeBars, Mortgage Broker and top producing Bay Area lender specializing in Refinance loans, Jumbo homes loans, FHA loans, FHA 203k, purchase loans, first time home buyer loans and community first time home buyer down payment assistance programs.