Have you been thinking about doing repairs to your Lake Forest home, but wondering where to get the money? It may be closer then you think at unbelievable rates.
The city of Lake Forest may be able to help you. Homeowners can now receive up to $20,000 and mobile home owners can receive up to $10,000 for repairs. Residents of Lake Forest, Portola Hills and Foothill Ranch can qualify for the ZERO percent deferred loan or a 3% loan for home improvements depending on income and other requirements. Eligible improvements are roofing, windows, garage doors, painting, plumbing, heating, driveways, kitchen and bath repairs and other common home improvement items.
To obtain more information or receive an application call the city direct at 949-461-3473.
Below is a snapshot of income requirements for your home size!
Household Size | Income Limit 0% Deferred | Income Limit for 3% loan |
1 | $30,300 | $48,500 |
2 | $34,650 | $55,450 |
3 | $38,950 | $62,230 |
4 | $43,300 | $69,300 |
5 | $46,750 | $74,850 |
6 | $50,250 | $80,400 |
7 | $53,700 | $85,950 |
8 | $57,150 | $91,500 |
Kelly Turbeville is one of South Orange County premier Realtors® focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, Foothill Ranch, Trabuco Canyon, Mission Viejo and Rancho Santa Margarita. Whether she's helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on how to use their equity to step up into a nice home or use it to buy an investment property or finding exclusive properties for the high end consumer. Kelly is committed to making it happen. So if you're considering selling or buying a home in Saddleback Valley, call Kelly to schedule a free consultation. Whatever your dream, with Kelly at your side, It's Possible!
Other Lake Forest Articles Published by Kelly:
The above information is provided as a courtesy and is deemed reliable but not guaranteed.
Kelly Turbeville is a South Orange County, California Real Estate Professional, specializing in helping clients realize their real estate goals with a simple motto - It's Possible!
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This is a neat program. Did Lake Forest originate it, or do other municipalities do something similar?
Jeff - Other cities do in my area but not sure about all of them. Check with your city it is good info. to have on hand. Thanks for checking out my post.