Imagine turning the key to your very first home. Down payment help is here.
NMLS #774623
FHLBank San Francisco's Middle-Income Down Payment Assistance Program is now open. Funds are awarded first-come, first-served, and the last round hit its funding cap fast. Apply now to get your share.
Here's What You Need to Know
Up to $40,000 in Grant Funds*
A meaningful boost toward your down payment and closing costs, with a minimum contribution of $10,000 from your own savings or gift funds.
Limited Funding, First-Come First-Served
The last round reached its full funding cap fast. Funds are going quickly, so don't wait.
Not Sure If You Qualify?
That's what we're here for. Reach out and a Trusted Mortgage Advisor will walk through it with you.
Properties must be in Arizona, California, or Nevada.
3 Things to Do Now
- Connect with an advisor: Talk with an NGFCU Trusted Mortgage Advisor today to start your application.
- Complete homebuyer counseling: Approved counseling is required to qualify.
- Have your $10,000 ready: A minimum contribution of $10,000, from savings or gift funds, is required to qualify.
Apply now, while funding is available.
Loan approval, rates, and terms are based on creditworthiness.
* NGFCU does not administer or select participants who receive any benefit from the Program. The Middle Income Down Payment Assistance 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. Example: A borrower must contribute $10,000 to qualify for a $40,000 grant. Maximum grant in 2026 is $40,000. Borrower contribution can come from household savings and/or gift funds. 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 between 80.01% up to 140% of Area Median Income, based on the location of the property to be purchased and adjusted for household size.
Eligibility: Participant must occupy property as a primary residence and complete a homebuyer counseling program provided by an experienced organization.