City of El Cajon First-Time Homebuyer Assistance Program

About This Program

The City of El Cajon, administered by SDHC, provides first-time homebuyers a deferred loan of up to 30% of the purchase price at 3% simple interest. Maximum loan is $170,000 for single-family homes and townhomes, or $120,000 for condominiums. Maximum purchase price is $698,000. Households must be at or below 80% AMI and must complete homebuyer education. Minimum 2% down payment required.

Income below 80% AMI; El Cajon properties only; first-time buyer; max purchase price $698,000; minimum 2% down payment; complete homebuyer education

Key Details

• Funds currently available in El Cajon
• Income below 80% AMI; max purchase price $698,000
• Up to 30% of purchase price deferred — largest percentage available
• Max $170,000 for SFR/townhome; $120,000 for condo
• Apply through SDHC: (619) 578-7788

How to Apply

Deadline: Rolling — funds currently available