The County of San Diego offers low-interest deferred payment loans of up to $35,000 or 33% of the purchase price whichever is less for low-income first-time homebuyers. The loan funds may be used to pay downpayment and closing costs on the purchase of a new or re-sale home. Properties eligible for assistance include single-family homes, condominiums, townhomes and manufactured homes on a permanent foundation. The appraised value of the property may not exceed $451,250. Participants must contribute a minimum of one percent of the purchase price from their personal funds. For additional information, please read the DCCA Program Overview.
Qualifying Income
The total gross annual income of the entire household must not exceed 80% of the San Diego County Area Median Income AMI.
Eligible Areas
The home you purchase must be in an unincorporated area of San Diego County or in the city of Coronado, Del Mar, Imperial Beach, Lemon Grove, Poway or Solana Beach. For all other cities, please contact the city contacts appropriate agency for more information.
How To Apply
Select a lender and schedule an appointment. Inform the lender that you are interested in both the DCCA and Mortgage Credit Certificate (MCC) Programs. The lender will prepare and submit your applications.
Lenders
Please review the Lender Instructions for program procedures and to submit an application for your clients. Complete all forms and documents in the Lender Package .
Contact
For more information, please call (858) 694-4810.
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