• Single family homes, town homes and condominiums adn manufactured homes on a permanent foundation located in all Unincorporated areas of San Diego County as well as the following cities : Carlsbad, Coronado, Del Mar, Encinitas, Imperial Beach, La Mesa, Lemon Grove, Poway, San Marcos, Santee, Solana Beach and Vista.

Get the list of the areas in San Diego that fall under the county program

• The maximum sales price is $466,000 for attached properties and $574,750 for detached.

• The property cannot be tenant occupied at the time of contract

The property must also meet the minimum housing quality standards as set by the San Diego Housing Commission.

As already mentioned, these guidelines are not the complete set of eligibility and qualification requirements but rather an over view.

• Must be able to obtain loan approval for the primary loan
• Applicants must complete a homebuyer education class
• Minimum credit score: 640
• Those with a foreclosure or short sale in the previous 5 years can be approved depending on the reason for the foreclosure or short sale
• A credit report for a non-borrowing spouse is required. All debt of the non-borrowing spouse will be used in the debt-to-income ratio calculations.
• All collections and judgments must be paid in full.
• You must have a minimum of $1000 left in savings after the close of escrow
• You cannot have more than $10,000 left in savings after closing.
• Your  new total housing payment must be between 30%-38% of your gross income
• Your new total housing payment plus all other household monthly debts cannot exceed 45% of your total gross income.