City Expands Mortgage Assistance

Summary


ROSEMEAD - First-time homebuyers desperate to get a house in Rosemead could get a little help from the city.

On Tuesday, the City Council approved an expansion of the city's mortgage assistance program, which provides loans to prospective homebuyers making less than 80 percent of the median household income.

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Extract


City Expands Mortgage Assistance

The council's action increases the amount of money available through the program from $40,000 to $75,000 per qualifying household, money whi...

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