First Time Home Buying

The Town does not have a down payment or financing assistance program to help first time homebuyers purchase a home.  However, there are a wide range of local, County, State and other programs presently available to interested first time homebuyers in San Mateo County. Because each of the agencies or programs listed below will have different eligibility requirements, it is advisable to call or check out the websites of each provider.

The Housing Endowment and Regional Trust

HEART offers down-payment loan assistance loans for first-time buyers and periodic first time homebuyer workshops. Click here for more information.

MyHome Assistance Program

CalHFA Government Loans (FHA): MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3.5% of the purchase price or appraised value to assist with down payment and/or closing costs.

CalHFA Conventional Loans: MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3% of the purchase price or appraised value to assist with down payment and/or closing costs.