Santa Clara County teacher home loans for home purchase

Extra Credit Teacher Home Purchase Program – This program provides down payment assistance and reduced mortgage rates to teachers and school employees in California. The program is available through CalHFA and offers up to $15,000 in assistance.

School Teacher and Employee Assistance Program (STEAP) – This program provides down payment and closing cost assistance to teachers and school employees in Santa Clara County. The program is administered by the Santa Clara County Housing Authority.

Good Neighbor Next Door Program – This program provides a 50% discount on the list price of HUD homes in eligible areas to teachers, law enforcement officers, and other eligible public servants. The program requires a three-year occupancy commitment.

Home Possible Advantage for Teachers – This program provides affordable financing options to teachers and school employees, including reduced mortgage insurance premiums and flexible credit requirements. The program is available through Freddie Mac.

Teacher Next Door Program – This program provides grants and down payment assistance to teachers and school employees who are purchasing homes in designated revitalization areas. The program is available through the Department of Housing and Urban Development (HUD).