Become a First-Time Homebuyer Program Participating Lender

	City of San Diego (ZIP Codes beginning with 921)	County of San Diego (12 participating cities and unincorporated areas – See Program Guidelines for specific cities)	City of Chula Vista	City of El Cajon
Available Assistance	Deferred-payment Loan for down payment: Up to 22% of the purchase price Grant for closing costs (forgiven) 4% of the purchase price up to $10,000 Forgivable loan for closing costs 4% of the purchase price up to $10,000	Deferred-payment Loan for down payment: Up to 17% of the purchase price Loan for closing costs 4% of the purchase price up to $10,000	Deferred-payment Loan: Up to 22% of the purchase price—not to exceed $120,000—for down payment and closing costs	Deferred-payment Loan: Up to 22% of the purchase price—not to exceed $150,000 for single-family homes and townhomes OR $100,000 for condominiums—for down payment and closing costs
Interest Rate	3% Simple Interest	3% Simple Interest	3% Simple Interest	Shared Equity (see Program Guidelines)
Income Limit	80% of San Diego’s Area Median Income (For forgivable loans for closing costs, the maximum income is 100% of Area Median Income.)	80% of San Diego’s Area Median Income	80% of San Diego’s Area Median Income	80% of San Diego’s Area Median Income
Maximum Purchase Price	Attached: $603,250 Detached: $1,030,750 Effective December 2022	Attached: $589,000 Detached: $589,000 Effective June 2022	Attached: $570,000 Detached: $826,500 Effective July 2022	Attached: $418,000 Detached: $722,000 Effective July 2022
Funding Availability (as of December 1, 2022)	Funds Available	Funds Available	Funds Available	Funds Available
Additional Information	Program Guidelines	Program Guidelines	Program Guidelines	Program Guidelines
Additional Terms	No payments are required for 30 years, unless the owner sells or no longer occupies the home as a primary residence, at which time the principal balance, including accrued interest, must be repaid. To qualify, the buyer must obtain a fixed-rate first trust deed loan; have adequate income, a good credit rating; and provide a minimum down payment of 3 percent. Applicants also must attend a homebuyer education class and pre-purchase counseling.

Submitting First Time Homebuyer Assistance Applications

If you are a current participating loan officer and need your log-in credentials, please email [email protected].

Complete the applicable application package:
City of San Diego Program Application
County of San Diego Program Application
City of Chula Vista Program Application
City of El Cajon Program Application
Log-in to the FTHB Lender Portal
First-Time Homebuyer Lender Portal
Follow the instructions in the Lender Portal Submission Guide

Prior to submitting loan packages for underwriting, lenders should check this website for updates on loan documents, available funds or program changes.

Participating Lenders

To become a participating lender for the First-Time Homebuyer Programs (FTHB) you are required to attend an SDHC lender training seminar and your company must enter into a Lender Participation Agreement with SDHC. There is a $50 fee per loan officer for training and a $500 annual lender participation fee. Lender training seminars are held quarterly in March, June, September, and December. For more information email [email protected]