1st Time Homebuying Program

If you haven’t owned a home in 3 years you might qualify!

Overview

CHDC’s First Time Homebuyer Program helps low-to moderate-income individuals and families purchase affordable homes in our communities. We focus on the planning steps needed on your journey toward home ownership and educate you about our loan products. Our goal is for you to meet strict lending requirements and get the financing you can afford.

1st time homebuyer
down payment
forclosure
edu and counseling
financial Fitness

How the Program Works

Through a combination of informational workshops and individual counseling, CHDC’s First Time Homebuyers Program will teach you everything from preparing yourself financially to completing your purchase. Once you have completed 8 hours of group education, in person or online education, meet with your counselor, entered into a purchase contract, CHDC will issue you the First Time Homeowner Education Certificate of Completion. The certificate is a HUD requirement for many lenders and many down payment assistance programs. If requested, we can send your certificate directly to your title company. We will also inform qualified buyers of special financing opportunities to ensure the purchase is affordable.

To purchase your first home you will typically need:

  • First Time Homebuyer Workshop Certification
  • Positive credit report
  • Money available for down payment funds and closing costs for the home you wish to purchase
  • [CHDC’s CalHome program (brochure in  English and  Spanish), CC-MATCH/IDA program (brochure in  English and  Spanish), and the City of Vallejo’s Mortgage Assistance Program may be able to help you with this.]
  • Sufficient household income for loan payments and to meet your other existing expenses

By completing the workshops and counseling, you can obtain:

  • First Time Homebuyer Workshop Certification
  • Credit Counseling
  • Loan Qualification Analysis
  • Loan Document Review
  • Budget Planning
  • Down Payment Assistance and Referrals
  • Deed Restriction Counseling
  • Lender Referrals
  • Real Estate Referrals

Workshops and counseling are offered in English and Spanish. The workshop is $155 a person which includes a $30 materials fee, a copy of Realizing the American Dream: A Manual for Homebuyers, published by NeighborWorks America and one $30 credit check fee (If client provides a current credit report with all 3 credit scores, the credit fee will be waived). The fee for a couple is $185 which includes BOTH credit check fees.
The online Home Buyer Education and counseling is also offered in English and Spanish. The fee is $99.00 Registration per COUPLE on E-Home America’s Premier On-line Homebuyer Education and a $30 credit check fee per person (if client provides a current credit report with all 3 credit scores, the credit fee will be waived).

Click HERE to start your online course.

When you have completed the online course, you must complete an intake form and provide supporting documentation. Once ALL documents are received, we will schedule a counseling session with one of our HUD certified counselors.

To receive your certificate and find out if you are eligible for available down payment assistance programs, HUD requires a counseling session that can be conducted in person or by telephone, whichever is more convenient for you. The counseling session is scheduled after the submission of the intake form and required documents. You may download the intake application HERE.

Call our office for more questions or concerns. We are here to assist you.

Thanks again for choosing CHDC!

1535-A Fred Jackson Way
Richmond, CA 94801
510-412-9290 Ext. 226
www.communityhdc.org

Program Enrollment

In order to attend a First Time Homebuyer Workshop, you must first attend an orientationand submit a completed Intake Form with all requested attachments. Applications are reviewed in the order in which they are received.

Orientations are held the second Wednesday of every month at 6:30 pm at JFK Library, Joseph Room, 505 Santa Clara Street, Vallejo CA 94590 and the last Thursday of every month in Richmond at 1555 Fred Jackson Way, Richmond CA. 94801

Check the CALENDAR for the next First Time Homebuyer Orientation near you.

Please download the Intake Form below. You can turn in the Intake Form and copies of the required documents at the orientation, fax them to (510) 215-9276, email them to Lcarr@chdcnr.com, or mail/drop them off at our office at:

CHDC Homebuyer Program

1535-A Fred Jackson Way

Richmond, CA 94801

Please note that we cannot accept original documents and we cannot make copies of your original documents at our office.

For additional questions, information in Spanish, or disability accommodations, please call us at: (510) 412-9290 x226 or (707) 652-7861 x226.

Homebuyer Program Intake Form – English

 Homebuyer Program Intake Form – Spanish

To purchase your first home you will typically need:

  • First Time Homebuyer Workshop Certification
  • A positive credit report
  • Money available for down payment and closing costs for the home you wish to purchase.
  • [CHDC’s CalHome program (brochure in  English and  Spanish), CC-MATCH/IDA program (brochure in  English and  Spanish), and the City of Vallejo’s Mortgage Assistance Program may be able to help you with this.]
  • Enough household income to make loan payments and meet your other existing expenses.

By completing the workshops and counseling, you can obtain:

  • First Time Homebuyer Workshop Certification
  • Credit Counseling
  • Loan Qualification Analysis
  • Loan Document Review
  • Budget Planning
  • Down Payment Assistance and Referrals
  • Deed Restriction Counseling
  • Lender Referrals
  • Real Estate Referrals

Workshops and counseling are offered in English and Spanish. The workshop is $155 a person which includes a $30 materials fee, a copy of Realizing the American Dream: A Manual for Homebuyers, published by NeighborWorks America and one $30 credit check fee (If client provides a current credit report with all 3 credit scores, the credit fee will be waived). The fee for a couple is $180 which includes BOTH credit check fees.
The online Home Buyer Education and counseling is also offered in English and Spanish. The fee is $99.00 Registration per COUPLE on E-Home America’s Premier On-line Homebuyer Education and a $30 credit check fee per person (if client provides a current credit report with all 3 credit scores, the credit fee will be waived).

Click HERE to start your online course.

Once you have completed the online course you must complete an intake form and supporting documentation. (Click here for the intake form) and as soon as we receive ALL the documents, we will schedule a counseling session with one of our HUD certified counselors.

To receive your certificate and find out if you are eligible for available down payment assistance programs, HUD requires a counseling session that can be conducted in person or by telephone, whichever is more convenient for you. The counseling session is scheduled after you submit the intake forms and required documentation. You may download the intake application HERE.

Call our office for more questions or concerns. We are here to assist you.

Thanks again for choosing CHDC!

1535-A Fred Jackson Way (formerly Third Street)
Richmond, CA 94801
510-412-9290 Ext.226
www.chdcnr.com