Eligibility Estimate
Before you proceed you will need to know your property’s assessed value. You can find the assessed value on your most recent property tax bill or if you have your Assessor’s Parcel Number, visit the Placer County Assessor website.
Requested Financing Amount cannot exceed 10 percent of the Property Value. Except in limited circumstances, the assessment lien cannot exceed 10% of the value of the property. Contact us for more information on how to determine Market Value.
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The lien to value ratio (excluding the Requested Financing Amount) cannot exceed 100%.
Liens include mortgage loans, equity loans, equity lines of credit, and other loans secured by the property. If you have an open equity line of credit, provide the approved amount even if the balance is zero or the line of credit is unused.
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For additional eligibility requirements, refer to Section II C, Page 6, of the Program Report and Administrative Guidelines.
For more information, please contact:
MPOWER Placer
2976 Richardson Drive
Auburn, CA 95603
Phone: (530) 889-4174
Fax: (530) 889-4100
Email: mpower@placer.ca.gov
