City of El Cajon First-Time Homebuyer Program
Housing Program
City of El Cajon First-Time Homebuyer Program
Program description
A shared-equity deferred-payment assistance program for eligible low-income first-time homebuyers purchasing in El Cajon.
Maximum assistance
Condominium: up to 30% of purchase price, capped at $120,000; single-family home, townhouse or manufactured home: up to 30% of purchase price, capped at $170,000
Repayment
Yes
Program categories
County
Assistance Type
Property Type
Organization
Important considerations
Deferred-payment shared-equity structure with a 30-year term. Repayment is generally due upon sale, non-owner occupancy or end of term. Equity-share forgiveness applies after the affordability period, subject to program rules.
Eligibility & program information
Rank Math Internal Links Processed
1
Status
Active
Additional Info
Current maximum assistance and purchase price limits should be verified against the latest SDHC program summary and guidelines.
Coverage Type
City
Resources
City of El Cajon First-Time Homebuyer Program Official Website
Eligibility Requirements
First-time homebuyer,household income at or below 80% AMI,homebuyer education and counseling,purchase within El Cajon,minimum credit score and borrower contribution requirements apply,owner occupancy,additional underwriting requirements.
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.