Down payment assistance program for 80% AMI:

Maximum gross income:

Family Size:

1- $44,250                   5- $68,250

2- $50,550                   6- $73,300

3- $56,900                   7- $78,350

4- $63,200                   8- $83,400

$45,000 silent second loan

You must contribute at least 1% of the purchase price from your own funds.

(Gifts are allowed.)

Example: Family of 4 purchases a Condo for $350,000 

Purchase Price:             $350,000                     Effective monthly payment 

Silent 2nd                     $  45,000                     P&I      $1634.00

Silent 3rd                      $  10,500                     Taxes   $  364.58

Borrower’s funds:         $  15,000                     Hoa      $  277.00

                                                                        MCC   $ -268.33

Loan information is based on a 30 year fixed rate of 5.75% apr. 5.762%

Interest rates are subject to change.

Want to get pre-approved?  Apply now

  San Diego County program details 

 http://www.sdcounty.ca.gov/sdhcd//homeowners/home_purchase.html