First Time Home Buyer

Press Enter to show all options, press Tab go to next option

General InformationPicture of a house

Phone: (530) 538-2495
Fax: (530) 538-2539


Current Program Guidelines may be obtained by contacting the Business Assistance and Housing Development Department at (530) 538-2495 or email

Loans are based on total household income and family size.

The maximum loan amount is as follows: $100,000 OR 45% of the purchase price (whichever is less)

Current purchase price limits for Oroville (Butte County)

Special Conditions

  • Family must be a “first time home-buyer” (has not owned a home in the last three (3) years to be eligible for the City of Oroville's FTHB Program or must not currently be on title to real property to be eligible.
  • Minimum credit score of 620
  • No unpaid collection accounts
  • The home purchased must be located in the Oroville city limits.
  • The home must meet all “Housing Code” requirements.
  • Housing must be modest; therefore, the size of the home cannot exceed 2,400 square feet and have no more then 3 bedrooms.

Repayment ConditionsPicture of a house

  • A mortgage subsidy loan is secured by a Deed of Trust and does not require monthly payments.
  • Repayment of the loan will be required if the house is sold, title is transferred, or if the house is no longer a family’s principal residence.
  • When refinancing your home loan, always check with the Business Assistance/Housing Development Department to see if repayment of the loan is required.
  • The City loan is a deferred payment loan with 3% simple interest.
  • Depending upon the primary loan the City's loan may be a 30-year or 40-year loan term that runs concurrently with the primary loan.

FTHB/HOP Program ChecklistPicture of a house

  • Mandatory Home Buyer Workshop and Budget Workshop are required. These workshops will provide the educational information needed to look for a lender, real estate agent, and to teach the fundamentals to purchase a home. You may call the City's Business Assistance and Housing Development Department at (530) 538-2495 to reserve your spot for a class and to obtain additional information.
  • Make an appointment with a residential lender of your choice to request a “pre-qualifying interview”. The lender will review your employment and credit history, your current financial situation and your household budget. The lender will determine the amount of home loan for which you may qualify.
  • Following pre-approval from the lender, the application with all required information for the Homebuyer can be returned to the City of the Oroville.
  • Once the lender has determined your pre-qualification, and the City has determined your eligibility for the loan subsidy, you can start looking for a home. Prior to opening escrow, your real estate agent should contact the Business Assistance and Housing Development Department for the availability of funds.

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Flash Player Download Flash Player Windows Media Player Download Windows Media Player Microsoft Silverlight Download Microsoft Silverlight Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer