Lending Options and Affordable Housing Programs in Santa Cruz County

Santa Cruz Housing Authority- They can assist with qualifying for the affordable rental housing, but they don't do the initial processing for affordable housing to buy.

City of Capitola Affordable Housing- The city has programs that are in part administered through the Santa Cruz Housing Authority. Check with Capitola for specifics.

City of Santa Cruz Measure O City of Santa Cruz Affordable Housing Program

Santa Cruz County Measue J affordable housing program info

Scott Valley Affordable Housing Program

These mobile home lenders will primarly finance new and coaches less than 20 years in age, though will do older depending on the park and coach type.

Generally speaking on mobile homes older than 20 years you'll need 20-50% down payments. Factors such as the park, age of the mobile home and if it's a single or double wide affect the amount needed for a down payment.

First Pacific Financial-mobile home lending Christy Snow 1-800-460-0019    loans@firstpacificloans.com
She's reputed to have some newer financing with as low as 5% down payments for people with good credit and income.

Manufactured Home Mortgage  1-916-638-8265      Info@mhmloan.com
Bill Woody  bill@woodyhomeloans.com

Murphy Bank  (805) 250-2300 

Dove Mobile Home Loans  (714) 508-0780  dovfin@gmail.com

Community West Bank  Will Cunningham  (805) 692-4359   WCunningham@CommunityWestBank.com

Manufactured Home Mortgage--Dave Shanklin 
Mobile (916) 868-7276
Email  mobilehomelender@gmail.com  He's reupted to have some newer financing with as low as 5% down payments for people with good credit and income.
Art Bando (408) 296-6469 or mobilehomefinance@comcast.net.

https://www.sccoplanning.com/PlanningHome/Housing/GrantFundedPrograms/HOME-HomeInvestmentPartnershipProgram.aspx

Affordable housing programs generally require 6 months of residency or work in their jurisdictions and have income and asset restrictions. These programs are for people of median incomes in the areas and aren't for investors. They are designed to have area residents be able to own a home and get off from being renters.They aren't good investments from the standpoint their value increases, as they are usually based on an areas consumer price index, not free market rates of appreciation. There are varying qualifying plateaus based on income and the number of family members. There is ultra low, low, and moderate income levels and each complex or development, and they may have differing qualifications.So one complex may have an ultra low guideline and another a moderate income qualifiying table.

Current Homes for Sale
Santa Cruz County
City # Price Range
Aptos Homes 71 $320k - $8.0m
Capitola Homes 21 $299k - $12.1m
Rio Del Mar / Seascape Homes 36 $500k - $8.0m
Santa Cruz Events 192 $89k - $30.0m
Santa Cruz Homes 192 $89k - $30.0m
Santa Cruz Real Estate 192 $89k - $30.0m
Monterey County
City # Price Range
$0-$300000 325 $240k - $8.0m
Alta Mesa-Monterey 325 $240k - $8.0m
Big Sur Homes 8 $1.8m - $12.0m
Carmel Homes 163 $135k - $20.0m
Fishermans Flats 325 $240k - $8.0m
Glenwood Circle Monterey 325 $240k - $8.0m
Monterey Homes For Sale 325 $240k - $8.0m
Oak Grove Monterey 325 $240k - $8.0m
Old Town Monterey 325 $240k - $8.0m
Pebble Beach Homes 51 $550k - $47.9m
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