Can I close on my property and then receive funding from the City?

No, the borrower must close on the City loan first before funds are distributed. The check cannot be release until the City receives the deed, the Settlement Statement and a signed HOME loan note, mortgage and restriction.

Show All Answers

1. Does the City have funds to help me purchase a home?
2. How much does the City give in financial assistance?
3. How do I qualify for this program?
4. When can I apply?
5. How long is the application process?
6. When is the next homebuyer class?
7. Can I close on my property and then receive funding from the City?