Lending
The City of Victorville's Economic Development Department Housing Division relies on a strong partnership with reputable lenders to provide high quality, affordable housing for Victorville residents. If you are a participating lender and need additional information, please contact (760) 955-5032.
Mortgage Assistance Program
The Mortgage Assistance Program (MAP) is a homebuyer program designed to assist in the costs of purchasing a home. The MAP is a deferred silent second loan that is repaid with a shared equity at the time of sale, refinance, when the homeowner ceases to occupy the home as their primary residence, or at the end of the loan term (30 years). The City can assist with the amount of down payment and/or closing costs to purchase your home in the City of Victorville.
MAP for Lenders
The Mortgage Assistance Program (MAP) underwent some significant changes in March of 2008. Due to the changes, lenders must attend a mandatory training class to become a Participating Lender. Our goal and mission is to assist as many homebuyers as possible by providing only what is needed to fund the purchase of their home. For a copy of the updated guidelines, please download the MAP manual. All the forms needed for use of the MAP are available below. The PDF versions have form fill areas for those that are required to be typed. We have included a checklist below to ensure complete packages at submission.
If you are interested in becoming a Participating Lender and attend training, please contact the Economic Development Department at (760) 955-5032.
Participating Lender Documents
Manual Updates
1. MAP Manual (PDF - 533kb)
2. MAP and NSP Notification on Income Limits August 1, 2011 (PDF - 15kb)
3. MAP and NSP Notification April 1, 2010 (PDF - 1,311 kb)
4. MAP Official Notification Update number March 1, 2009 (PDF - 12kb)
Additional Documents
1. MAP Package Checklist (PDF - 22kb)
2. Application Affidavit (PDF - 300kb)
3. Assistance Worksheet (PDF - 44kb)
4. Income Worksheet (PDF - 59kb)
5. Request for Funds (PDF - 35kb)
6. MAP Contact Information Sheet (PDF - 27kb)
7. Lender Certification (PDF - 37kb)
8. Applicant Certification (PDF - 12kb)
9. Sellers Affidavit (PDF - 12kb)
10. Quality Commitment Policy (PDF - 27kb)
11. Lead-based Paint Notification (PDF - 18kb)
12. Declaration of No Income (PDF - 14kb) (Required for all adults that are currently
earning no income)
13. Income Tax Affidavit (PDF - 17kb)
14. Lender Application (PDF - 72kb)
Training Opportunities
The City of Victorville's Mortgage Assistance Program will be hosting training for all Lenders that are interested in participating in MAP. This training will give a program overview and cover critical issues that will help lenders and processors submit a successful loan request. Each lender desiring to become a Participating Lender will be required to have a loan officer and a processor attend their respective training classes.
Loan Officer Training - TBA
This training will provide a summary of the program to include determining eligibility, funding available, and tell you about the process and phases of the program. This class is a MAP requirement to become a participating lender. RSVP is required.
Processor Training -TBA
This is a mandatory training for all processors that work with a participating lender. This training assures you have general program information and provides an in depth training on how to qualify and determine the amount of assistance for your loan package. RSVP is required.
The training sessions will take place at City Hall. To RSVP, please call (760) 955-5032 or send an email to housing@victorvillecity.com: include your full name, your company name, address and phone number, and your title. We will send out electronic and hard copy invitations approximately two weeks prior to training. Thank you for your interest in our program.
Disclaimer: Date and Time may change, please check website prior to scheduled workshops. Invitations will go out electronically, however, hard copy invitations will go out to those who do not have access to email on a consistent basis. Names on previous training lists are not forwarded to the next class if lender/processor does not attend.
