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Loan Assistance For First Time Homebuyers

 Effective immediately the following changes are being applied to the BMR DALP and BMR DALP-Plus Loan Programs:

1. The Maximum Loan Amount is $57,000 or 15% of the purchase price, whichever is less

2. The Front-End Debt-to-Income (DTI) ratio must not be less than 30% (PITI and HOA)

3. The combined household liquid assets after purchase must not exceed $25,000 (Liquid cash assets above $25,000 must be used towards purchase first)

The following programs can be used to assist you in the purchase of a first home in San Francisco.

Please click through and read all the information carefully before contacting our office.


(updated monthly)
Loan Fund Balances Chart



  • First Responders Downpayment Assistance Loan Program (FRDALP) - Provides downpayment assistance loans to active uniformed, sworn members of the San Francisco Police Department (SFPD), San Francisco Fire Department (SFFD) and San Francisco Sheriff's Department (SFSD) to purchase their first home in the City and County of San Francisco.
  • Downpayment Assistance Loan Program (DALP) - A loan program for low to moderate income first time homebuyers purchasing a market rate single family home in San francisco. DALP is a silent second loan that requires no payments for 40 years.
  • City Second Loan Program - A loan program for eligible first time homebuyers purchasing a home within specific developments that has no interest and deferred payment. This loan sits in second position on title after the first mortgage and can be repaid at any time without penalty.
  • Teacher Next Door Program (TND) - A loan program to assist teachers employed with the San Francisco Unified School District in purchasing a first home in San Francisco. This loan is forgiven after 10 years provided all program requirements are met. Can be used in the purchase of a BMR unit.
  • Police In The Community Program (PIC) - A downpayment assistance loan program for San Francisco police officers purchasing a first home in San Francisco. Borrowers must provide verification of employment with the SFPD as an officer in good standing. Can be used in the purchase of a BMR unit.
  • Mortgage Credit Certificate Program (MCC) - A program to assist first time homebuyers in San Francisco. An MCC assists eligible homebuyers in their ability to qualify for a mortgage loan and reduce thier effective mortgage interest rate. Can be used in the purchase of a BMR unit.
  • Reissue Mortgage Credit Certificate Program (RMCC) - IRS regulations allow exisitng recipients of MCCs to refinance their original mortgage loans on their principal residence and obtain a new MCC with a tax credit at the same rate as their original MCC.
  • BMR-DALP Downpayment Assistance Program (CalHome Downpayment Assistance Program) - A downpayment loan program for first time home buyers purchasing a Below Market Rate unit that requires no monthly payment and accrues no interest.
  • Refinancing and Subordination - Eligible City loans or Below Market Rate (BMR) liens can be subordinated to the refinance of the existing first mortgage for a lower interest rate and better loan term with no cash equity out of the property.
  • Workshops & Lender Trainings - Mortgage Loan Officers (MLO) or mortgage brokers who would like to become participating lenders for MOHCD's homeownership programs, including DALP, MCC, PIC and TND must complete the required training and pay the required fee. Each individual MLO or mortgage broker must complete the training every year. All participating loan agents must must provide their NMLS ID# to MOH and sign the Lender Participation Agreement.
  • Homebuyer Education Counseling Agencies - Click here for the list of approved homebuyer eduction counseling agencies. Attending a counseling education class is required for first-time homebuyer seeking a City Loan. Classes tend to fill up quickly and often require two or more meetings so if you're considering applying for a City Loan, don't delay. You may use your first-time homebuyer certificate to apply for any of the Mayor's Office of Housing and Community Development first-time homebuyer programs for up to two years from the date of issuance.

Please Be Advised that the Mayor's Office of Housing and Community Development is implementing Program Administration Fees (click here for details).

* Please note loan officers named on loan application forms should match loan officers named on the Final Mortgage Loan Application (form 1003).  See MOHCD Participating Lender List.  


Last updated: 9/18/2015 9:05:04 AM