San Diego County Low-Income First-Time Homebuyer Down Payment and Closing Cost Assistance Program
Housing Program
San Diego County Low-Income First-Time Homebuyer Down Payment and Closing Cost Assistance Program
Program description
A deferred-payment loan program providing down payment and closing cost assistance to eligible low-income first-time homebuyers in unincorporated San Diego County and participating cities.
Maximum assistance
Down payment: up to 22% of purchase price; closing costs: up to 4% of purchase price, capped at $10,000
Repayment
Yes
Program categories
County
Assistance Type
Property Type
Organization
Important considerations
3% simple interest. No payments are generally required for 30 years unless the home is sold or is no longer owner-occupied.
Eligibility & program information
Rank Math Internal Links Processed
1
Status
Active
Additional Info
Participating areas include unincorporated San Diego County and eligible cities such as Carlsbad, Coronado, Del Mar, Encinitas, Imperial Beach, La Mesa, Lemon Grove, Poway, San Marcos, Santee, Solana Beach and Vista. Effective purchase price limits are updated periodically.
Coverage Type
County / Participating Cities
Resources
San Diego County Low-Income First-Time Homebuyer Down Payment and Closing Cost Assistance Program Official Website
Eligibility Requirements
First-time homebuyer,household income at or below 80% AMI,purchase in an eligible program area,fixed-rate first mortgage,adequate income and credit,minimum 3% buyer down payment,homebuyer education and pre-purchase counseling,owner occupancy.
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.