GARDEN GROVE : Plan to Buy a Home? 2 Programs Can Help

The city is offering two programs giving financial assistance to first-time buyers who are purchasing a condominium, townhouse or single-family home in Garden Grove.

The city’s Mortgage Credit Certificate allows qualified applicants to take up to 20% of the interest paid on the mortgage as a federal tax credit.

Also, the city has a Mortgage Assistance Program providing a down payment that can be as much as 10% of the purchase price of the home.

To be eligible, people must be buying a single-family home for use as their principal residence. Candidates also must be buying their first home and meet income requirements.

For more information, call (714) 741-5115. Funds are available on a first-come, first-served basis, a spokeswoman said.