Program Guidelines for Refinancing

If you are a homeowner and wish to refinance you will first need to contact an experienced lender familiar with the Town of Los Gatos’ BMP program and direct them to Hello Housing. Hello Housing staff will provide the lender with a letter stating the BMP restricted value of your home and any other documentation requested. Sample subordination and program documents are available for lenders upon request to help determine if the 1st loan can work in conjunction with the Town of Los Gatos’ BMP program. All loans used to purchase or refinance BMP homes must have a fixed interest rate and a fixed loan term without balloon payments to minimize homeowners exposure to increased risks of mortgage default.

Lenders will be required to submit the following documentation to Hello Housing as part of the refinance eligibility screening:

  • 1003 completed loan application
  • 1008 or other loan underwriting form indicating amounts and terms of all financing
  • A preliminary title report
  • Loan Estimate and Closing Disclosure


Refinance package submittals can be emailed or mailed to:

Hello Stewardship – Los Gatos Refinance
P.O. Box 423690
San Francisco, CA 94142

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Tab Content

Matt Franklin, President of MidPen and Hello Housing board president, believes everyone deserves quality, affordable housing.

Michelle is a proud new homeowner who purchased a Hello Housing NSP home in San Lorenzo.

Board Member Rick Jacobus is a national expert using data, not anecdote, to design more impactful affordable homeownership programs.

Mardie Oakes, President, blends finance, design and development to make places people thrive.

Jennifer Duffy, Vice President, turns opportunity into action with the Hello Housing team.

Apple lives in a new type of housing made possible by Senate Bill 962, sponsored by former Senate pro Tem Darrell Steinberg.

Larry shares a duplex with two housemates in an innovative residential program called the Family Teaching Model.

Tien is a proud new owner of an affordable home in Newark, as well a box full of tools to make home repairs easy.

Matt Warner, Program Director for Hello Stewardship, makes affordable homeownership happen.