Homebuyer / Homeowner Loans and Grants

Existing City Loans

The City no longer has a new loan program. However, if you have an existing loan through the City of Campbell, please contact HouseKeys, our Housing Program Administrator,  for more information or to start the process to payoff or refinance your loan.

LOAN PROGRAMS

Santa Clara County

  • Mortgage Credit Certificate Program

The Santa Clara County Mortgage Credit Certificate (MCC) Program provides financial assistance to first-time homebuyers for the purchase of single-family homes, townhomes, and condominiums. An MCC gives the homebuyer a federal income tax credit each year the buyer keeps the same mortgage loan and lives in the same house. 

Housing Trust Silicon Valley

  • Down Payment / Closing Cost Loans

The Housing Trust Silicon Valley has low-interest, down payment or closing cost loan or grant programs for low to middle–income households. Since 2001, 40% of all loans have been made to low-income families with the remainder going to those with moderate-incomes. Eligibility for the loan programs are determined by the gross annual household income, household size, loan repayment terms and maximum loan amount.

  • Homebuyers Down Payment Assistance Program

Empower Homebuyers SCC  is available to assist income-eligible households, including but not limited to government employees, nonprofit workers, teachers, healthcare professionals and others purchase their first home. For purposes of the program, a first-time homebuyer is defined as someone who has not owned or had an ownership interest in a home in the past three years. Maximum household incomes under the program range from $105,200 for a 1-person household to $198,350 for an 8-person household. Household income limitations are listed in the table below.

  • Homebuyer Empowerment Loan Program (HELP)

The Homebuyer Empowerment Loan Program (HELP) understands that purchasing a home in Silicon Valley can be a big challenge for middle-income homebuyers – including teachers, healthcare workers and others. To make it easier, Housing Trust Silicon Valley is assisting homebuyers by introducing the Homebuyer Empowerment Loan Program (HELP). This program will help households whose incomes are up to 140% of the Area Median Income (AMI) to purchase a market-rate primary residence.