Senate Faculty Home Financing Programs
The University of California and the Santa Cruz campus have developed a variety of faculty mortgage assistance programs. Lenders for For Sale Housing (PDF)
Mortgage Origination Program (MOP) and Supplemental Home Loan Program (SHLP)
- Should you be interested in either of these programs, you must request an allocation from the Dean of your division
Low Interest Option Supplemental Home Loan Program (LIO-SHLP)
-
Eligibility: The LIO-SHLP is restricted
to members of the Academic Senate who
are:
- Current homeowners within the Faculty and Staff for-sale program; or
- Faculty who have not owned a primary
residence in the campus area and are
currently Assistant or Associate Professors who have not owned a primary residence in the Campus Area.
- Incoming Assistant or Associate Professors who have accepted a position with the University of California, Santa Cruz effective July 1, 2008 or later who have been offered the option of selecting either a LIO-SHLP or a Recruitment Allowance to assist in their transition to the Santa Cruz area. If you are interested in evaluating these two programs click here (PDF).
- Should you be interested in the LIO-SHLP, complete an application (PDF) and submit it to the Faculty and Staff Housing Office. Applications will be forwarded to the Deans of divisions for approval.