San Francisco Federal Credit Union POPPYLoan
San Francisco Federal Credit Union POPPYLoan is a first mortgage for homebuyers in Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma, California.
The program asks for
- The home is occupied as a primary residence
- On credit: To qualify for a POPPYLoan, your credit score must be in the excellent or very good range. This means a minimum score of about 700.
- A completed homebuyer education course, through HUD-approved housing counseling required for most CA DPA programs
- Sourced from Homebuyer Wallet (CA260085). Employment in San Francisco or San Mateo County required. Verify with provider before lender use.
- A home inside Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma city limits
It doesn’t cover
- Homes outside Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program, through HUD-approved housing counseling required for most CA DPA programs.
Contact the administering agency to reserve funds
Funds are reserved with the provider and are subject to availability.
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 homebuyer can take it to a lender or housing counselor.
Questions about this program
What is San Francisco Federal Credit Union POPPYLoan?
San Francisco Federal Credit Union POPPYLoan is a first mortgage for homebuyers in Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma, California. First mortgage compatibility subject to participating lender specifications. Borrower contribution required for closing costs. First-time homebuyer status not required. Employment in San Francisco or San Mateo County required. Up to 100% financing 0%-down 1st mortgage. 5/1 ARM amortized over 30 years. lender-determined interest rate. min 700 credit score. closing cost contribution required.
Do you have to pay it back?
San Francisco Federal Credit Union POPPYLoan is a first mortgage and is repaid under the terms set by the administering agency. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
San Francisco Federal Credit Union POPPYLoan is open to homebuyers who will live in the home as their primary residence. On credit, the program states: To qualify for a POPPYLoan, your credit score must be in the excellent or very good range. This means a minimum score of about 700. A homebuyer education course is required, through HUD-approved housing counseling required for most CA DPA programs. Sourced from Homebuyer Wallet (CA260085). Employment in San Francisco or San Mateo County required. Verify with provider before lender use.
What kind of home can it be used for?
San Francisco Federal Credit Union POPPYLoan can be used for Single-family, Condo, Townhouse.
Where does it apply?
San Francisco Federal Credit Union POPPYLoan serves homebuyers purchasing in Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma, California.
How do you apply?
Applications for San Francisco Federal Credit Union POPPYLoan go through the administering agency, which publishes the current terms and the application steps on its own site. 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.
Also for Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma homebuyersOther programs open to Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma homebuyers
- California Dream For AllUp to $150,000
- Bank of America Down Payment Grant - CaliforniaUp to $10,000
- Wells Fargo Homebuyer Access Grant - CaliforniaUp to $10,000
Whether two programs can be combined is up to each agency. Ask before you apply.
All 117 programs for Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, SonomaProgram terms are set by the administering agency and can change; confirm on the official site before you apply.