San Diego Habitat for Humanity - Homeownership Program

San Diego Habitat for Humanity - Homeownership Program is down payment assistance for homebuyers in San Diego County, California. Affordable homeownership program requiring minimum 250 hours sweat equity per adult buyer. No traditional down payment required. 0% interest mortgage structure. Income limits apply (50–80% AMI). Down payment and/or closing cost assistance. Funding comes from Non-profit / Donations.

San Diego Habitat for Humanity - Homeownership Program is down payment assistance and is repaid under the terms set by the administering agency. Repayment is triggered by Sale or transfer. 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.

San Diego Habitat for Humanity - Homeownership Program 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, through Habitat homebuyer education program (required). Residency requirement: San Diego County. Citizenship or immigration status: U.S. citizen, permanent resident alien, or other eligible non-citizen. Must complete 300-500 hours of sweat equity; income 30-60% AMI; no credit/criminal history that would impair ability to repay; 0% interest mortgage; below-market purchase price.

San Diego Habitat for Humanity - Homeownership Program 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.

San Diego Habitat for Humanity - Homeownership Program caps the purchase price as follows: Conforms to FHA/conventional loan limits for this county; contact program for current limits. Eligible property types include Habitat-built single-family home. New construction is eligible. Manufactured homes are not eligible.

San Diego Habitat for Humanity - Homeownership Program serves homebuyers purchasing in San Diego County, California.

Applications for San Diego Habitat for Humanity - Homeownership Program 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.