Buyers must complete an approved homebuyer education program from a County approved agency. 2. See Regulation 20-07(PDF, 176KB) for complete details about the requirements and processes related to Temporary Relocation Payments.Homebuyers may pay points up front (a type of buy-down) to lower their overall interest rate and mortgage payment. SECTION 4 – GENERAL FIRST LOAN REQUIREMENTS. 15-17. Enter the amount of the First Deed of Trust, if any. Check all the applicable boxes, and complete the information requested. The City is giving loans to private businesses, and Alamedans want to know why. Learn about recent loans to a housing developer and bakery. The following are the general steps for the loan payoff process (see Figure 2 for an overview):. 1. Provide notice and documentation. The.