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Participating Lenders

Program Descriptions and Guidelines

Each first-time homebuyer program SDHC administers has different eligibility requirements and features. See the program descriptions and guidelines below.

City of San Diego Middle-Income (80% to 150% AMI) Program (Zip Codes beginning with 921)
Available Assistance $50,000 Total Assistance: $40,000 deferred, down-payment assistance loan + $10,000 closing costs assistance grant (grant forgiven at end of 3 years if the property remains owner-occupied)
Interest Rate 4% Simple Interest
Income Limit 80 – 150% of San Diego’s Area Median Income – See Program Guidelines
Maximum Purchase Price $1,250,000
Funding Availability
(as of February 1, 2026)
Funds Available
Additional Information Program Guidelines
Additional Terms The Loan is deferred with no monthly payments required during years 1 through 5. Beginning in year 6, the outstanding principal and interest will be converted to an amortized loan with fixed monthly payments for a period of 120 months. There is no prepayment penalty, and payments can be made at any time.

 

City of San Diego Low-Income (<80% AMI) Program (ZIP Codes beginning with 921)
Available Assistance Deferred-payment Loan for down payment: Up to 19% of the purchase price. Not to exceed $125,000.
Grant for closing costs (forgiven): 4% of the purchase price up to $10,000
Interest Rate 3% Simple Interest
Income Limit 80% of San Diego’s Area Median Income
Maximum Purchase Price Attached : $883,025
Detached: $883,025
Effective December 2025
Funding Availability
(as of February 1, 2026)
No Funding Available
Additional Information 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 1 percent, and maximum down payment of 20 percent. Applicants also must attend a homebuyer education class and pre-purchase counseling.

 

County of San Diego Low-Income (<80% AMI) Program (12 participating cities and unincorporated areas – See Program Guidelines for specific cities)
Available Assistance Deferred-payment Loan for down payment: Up to 22% of the purchase price
Loan for closing costs: 4% of the purchase price up to $10,000
Interest Rate 3% Simple Interest
Income Limit 80% of San Diego’s Area Median Income
Maximum Purchase Price Attached: $698,000
Detached: $698,000
Effective September 2024
Funding Availability
(as of February 1, 2026)
No Funding Available
Additional Information Program Guidelines (Low-Income, 80% AMI)
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.

 

County of San Diego Moderate-Income (80% to 120% AMI) Program (6 participating cities and unincorporated areas – See Program Guidelines for specific cities)
Available Assistance Deferred-payment Loan for down payment: Up to 17% of the purchase price
Interest Rate 3% Simple Interest
Income Limit 80% – 120% of San Diego’s Area Median Income
Maximum Purchase Price The maximum purchase price is the most recent median sales price for single-family homes / condominiums, in San Diego County, posted at the California Association of Realtors (C.A.R.) website at: https://www.car.org/en/marketdata/data/countysalesactivity
Funding Availability
(as of February 1, 2026)
Funds Available
Additional Information Program Guidelines (Moderate-Income, 80% to 120% AMI)
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.

 

City of Chula Vista
Available Assistance Deferred-payment Loan: Up to 22% of the purchase price—not to exceed $120,000—for down payment and closing costs
Interest Rate 3% Simple Interest
Income Limit 80% of San Diego’s Area Median Income
Maximum Purchase Price Attached: $807,500
Detached: $807,500
Effective October 2025
Funding Availability
(as of February 1, 2026)
Funds Available
Additional Information 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.

 

City of El Cajon
Available Assistance Deferred-payment Loan: Up to 30% of the purchase price—not to exceed $170,000 for single-family homes and townhomes OR $120,000 for condominiums—for down payment and closing costs
Interest Rate 3% Simple Interest
Income Limit 80% of San Diego’s Area Median Income
Maximum Purchase Price Attached: $698,000
Detached: $698,000
Effective September 2024
Funding Availability
(as of February 1, 2026)
Funds Available
Additional Information 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 2 percent. Applicants also must attend a homebuyer education class and pre-purchase counseling.

 

How to submit a First Time Homebuyer Assistance Application

If you are a current participating loan officer and need your log-in credentials, please email fthb@sdhc.org. If you are new to the program, see the Lender/Loan Officer Participation Requirements below.

  1. 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
  2. Log-in to the FTHB Lender Portal
    First-Time Homebuyer Lender Portal
  3. Follow the instructions in the Lender Portal Submission Guide
  4. Review the Lender Portal Best Practices & How-To Guide

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

Lender/Loan Officer Participation Requirements

Loan Officer Training Requirement: Mortgage Loan Officers (MLO) or mortgage brokers who would like to participate in the San Diego Housing Commission First-Time Homebuyer Programs, including the City of San Diego, County of San Diego, City of Chula Vista and City of El Cajon must complete the required training annually by their anniversary date and pay the training fee ($60.00 + Eventbrite processing fees). A $30 reinstatement fee will be applicable if the MLO or mortgage broker’s annual training lapses.

Lender Participation Agreement Requirement: In addition to the individual annual training, MLOs or mortgage brokers must work for an approved Participating Lender.  Lenders are required to enter into a Lender Participation Agreement and pay an annual fee ($700).  The Lender Participation Agreements are valid July 1 – June 30th each year.  The fee for the first year will be prorated from the month your company onboards until the upcoming June.  If your company signs up between January and June, your company will pay the prorated fee plus the full fee for the following year.  Only the originating lender must have a Lender Participation Agreement with SDHC, wholesale lenders are not required to enter into an agreement with SDHC.

How to sign-up as a Participating Lender:

  1. E-Mail a completed and signed Lender Participation Agreement to FTHB@sdhc.org
  2. Mail the Lender Participation Fee.  We accept check or money order. Please be sure the check or money order includes your company name.Send payment to:

    San Diego Housing Commission
    Attention: FTHB Program
    1122 Broadway #300
    San Diego, CA 92101

 

Forms & Documents

City of San Diego Guidelines (Low-Income, <80% AMI)

City of San Diego Guidelines (Middle-Income, 80% to 150% AMI)

County of San Diego Guidelines (Low-Income, 80% AMI)

County of San Diego Guidelines (Moderate-Income, 80% to 120% AMI)

City of Chula Vista Guidelines

City of El Cajon Guidelines

Approved Home Inspectors

Area Median Income

Census Tract

FTHB Program Summary Chart

Homebuyer Education and Pre-Purchase Counseling

Voluntary Acquisition Informational Notice

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