Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities)

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) is a deferred second loan for homebuyers in Fresno County, California. Zero-interest deferred payment loan up to 20% of purchase price plus closing costs. Deferred 30 years or until first mortgage payoff. Available in unincorporated Fresno County and cities of Fowler, Kerman, Kingsburg, Mendota, Reedley, and Selma. Up to 20.0% of purchase price in assistance. no monthly payments on DPA. Funding comes from Federal HOME / County.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) provides assistance worth 20% of the purchase price, as set by the program. The program asks homebuyers to contribute 1% of purchase price (borrower minimum). The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) 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, non-occupancy, or 30-year term. The assistance is recorded in Second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) 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. On credit, the program states: Contact lender for current credit score requirements. A homebuyer education course is required. Residency requirement: Purchase in unincorporated Fresno County or participating cities. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) limits household income to 80% of the area median income, which varies by county and household size. Low income: household income ≤80% of Area Median Income (AMI). The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) caps the purchase price as follows: Contact program for current purchase price limits. Eligible property types include Single-family (1-4 unit), FHA-approved condominium, townhome/PUD. New construction is eligible. Manufactured homes are not eligible.

Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) serves homebuyers purchasing in Fresno County, California.

Applications for Fresno County First-Time Homebuyer Program (Unincorporated + Small Cities) go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Contact provider directly; subject to funding availability. 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.