City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP)

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) is a deferred second loan for homebuyers in Brentwood, California. Tiered-interest deferred loan. Interest 7% / 5% / 3% — starts higher, decreases the longer borrower lives in the home. Deferred-payment loan up to $10,000 for first-time homebuyers purchasing in Brentwood city limits. First-come, first-served. Conventional fixed-rate first mortgage required. Funding comes from City of Brentwood Housing Division.

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by sale, refinance, or change of primary residence. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Required - HUD-approved homebuyer education. Sourced via Homebuyer Wallet (CA20250003). Borrower must contribute >= 3% of purchase price from personal funds. Must be first-time homebuyer (no California ownership in prior 3 years). Conventional fixed-rate loan in 1st position only.

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) sets its income limit as follows: Annual household income at or under 120% of AMI (Contra Costa County). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) caps the purchase price at $600,000. Eligible property types include Single-family, Condo, Townhouse.

City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) serves homebuyers purchasing in Brentwood, California.

Applications for City of Brentwood First Time Homebuyer Down Payment Assistance Program (DAP) go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.