If you’re a first-time homebuyer you may be eligible for a grant from the Federal Home Loans Bank (FHLB) of San Francisco of up to $32,8371 that can be used towards the down payment and closing costs.
- Funds are available only for a limited time on a first-come, first-serve basis and are expected to run out fast.
- Applicants must meet certain requirements, including maximum allowable income requirements.
Request Eligibility Consultation
Make your move to home ownership by contacting NGFCU’s Home Loan Trusted Advisors. They’ll review eligibility requirements and help you find the right financing solution.
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Loan approval, rates, and terms are based on creditworthiness. NMLS #774623
1The Workforce Initiative Subsidy for Homeownership (WISH) Program is a First-Time Homebuyer Program that offers a one-time 4:1 match of the borrower’s contribution towards down payment and closing costs. Maximum grant in 2026 is $32,837. Borrower contribution to the home purchase through savings, gift funds, or sweat equity to obtain the matching grant; contribution may also include Individual Development Accounts (IDA) and Family Self Sufficiency (FSS) program savings. Other grants and/or credit/concessions from a party of the transaction are not considered homebuyer contribution. Must be first-time homebuyer according to FHLB definition and restricted to households with earnings at or below 80% of Area Median Income, based on the location of the property to be purchased and adjusted for household size. Eligibility: Purchase a WISH eligible property, which may include (1) single-family homes, such as a condominium, cooperative housing, and manufactured homes, and (2) housing with two to four dwelling units with at least one owner-occupied unit open escrow on a home purchase transaction within one year of enrollment in the WISH Program.