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City of Dublin First Time Homebuyer Loan Program (FTHLP)

Dublin, California

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Repayment

Deferred

No payments until the home is sold or refinanced

What is City of Dublin First Time Homebuyer Loan Program (FTHLP)?

City of Dublin First Time Homebuyer Loan Program (FTHLP) is a deferred second loan for homebuyers in Dublin, California.

  • 30-year deferred loan at 3.5% simple interest. Available for both market-rate and BMR purchases in Dublin.
  • Up to $40,000 deferred-payment loan for income-qualified first-time homebuyers purchasing market-rate or BMR homes within Dublin city limits. 30-year term at 3.5% simple interest.
  • Funding comes from City of Dublin Affordable Housing Funds.

Do you have to pay it back?

City of Dublin First Time Homebuyer Loan Program (FTHLP) 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.

Who qualifies?

City of Dublin First Time Homebuyer Loan Program (FTHLP) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Required - HUD-approved
  • Sourced via Homebuyer Wallet (CA260096). Borrower minimum 3.5% of sales price as down payment. 30-year deferred-payment loan with 3.5% simple interest.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Dublin First Time Homebuyer Loan Program (FTHLP) sets its income limit as follows: Per HCD income schedule (Alameda County), updated annually.

  • 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.

What kind of home can it be used for?

City of Dublin First Time Homebuyer Loan Program (FTHLP) can be used for Single-family, Condo, Townhouse.

Where does it apply?

City of Dublin First Time Homebuyer Loan Program (FTHLP) serves buyers purchasing in Dublin, California.

How do you apply?

Applications for City of Dublin First Time Homebuyer Loan Program (FTHLP) go through the administering agency.

  1. Take a homebuyer education course

    Required by the program, through Required - HUD-approved.

  2. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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