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Los Angeles Police Federal Credit Union Heroes Home Loan

Statewide, California

Last verified
See what you qualify for
Repayment

Grant

Not repaid

What is Los Angeles Police Federal Credit Union Heroes Home Loan?

Los Angeles Police Federal Credit Union Heroes Home Loan is a grant for homebuyers in Statewide, California.

  • 100% LTV first mortgage. No PMI, no down payment for active-duty law enforcement. CA-only properties; SFR, condo, PUD eligible.
  • 100% financing first mortgage with no PMI, exclusively for active-duty sworn and civilian law enforcement personnel. 30/40-year fixed-rate. Max loan = conforming high-balance limit (currently ~$970,800).

Do you have to pay it back?

Los Angeles Police Federal Credit Union Heroes Home Loan is structured as a grant, so it is not repaid.

  • The assistance is recorded in first position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Los Angeles Police Federal Credit Union Heroes Home Loan 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
  • On credit: Minimum 700 FICO
  • A completed homebuyer education course, through Required - Fannie Mae online first-time homebuyer course
  • Sourced via Homebuyer Wallet (CA260068). Restricted to active-duty sworn and civilian law enforcement personnel. Cannot have owned a CA home in last 2 years. Min 700 FICO. 3 months reserves. 45% max DTI. $250 non-refundable application fee. Requires LAPFCU checking + auto-pay + impound/escrow.

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 kind of home can it be used for?

Los Angeles Police Federal Credit Union Heroes Home Loan can be used for Single-family, Condo, PUD.

Is there eligibility for specific groups?

Los Angeles Police Federal Credit Union Heroes Home Loan names law enforcement officers among the groups it serves.

  • Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Los Angeles Police Federal Credit Union Heroes Home Loan serves buyers purchasing in Statewide, California.

How do you apply?

Applications for Los Angeles Police Federal Credit Union Heroes Home Loan go through the administering agency.

  1. Take a homebuyer education course

    Required by the program, through Required - Fannie Mae online first-time homebuyer course.

  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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