Town of Mammoth Lakes

A “first-time homebuyer” is defined from 8201 (k) Title 25 California Code of Regulations as: ... 7.0. HOMEBUYER PROGRAM LOAN REPAYMENT. 7.1. Payments are Voluntary. ... and homebuyer certification (review of credit report and income taxes). Documentation of affordability will then be verified and subsidy requirement determined. ................
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