The City of San Pablo
First-Time Homebuyer Program
Click on blue text above for link to guidelines and more information.

First Time Home Buyer Program Funds now available!

• The Redevelopment Agency of the City of San Pablo operates a First-Time Homebuyer Program that provides loans to eligible low and moderate-income households to assist with purchasing a house in the City of San Pablo. On August 3, 2009, the City Council approved changes to the program due to the changing economy and significant decrease in home values in San Pablo. Homebuyers are eligible for up to $75,000 for the purchase of single family home, condominium or townhouse.

Qualified applicants who successfully purchase a home will be required to pay back the loan when the property is sold, transferred, or 30 years after purchase, whichever comes first. A minimum credit score of 620 is required to be considered. Loans are available on a first come, first fund basis. For more information, please call Madelaine Sambajon at (510) 215-3034.

MAP of City Boundaries: Please use this map alongside your favorite mapping system to help you identify if the subject address is located within the City Boundaries. Homes located in Richmond, Montalvin Manor, Tara Hills, El Sobrante, Rollingwood are not elegible as they are not located within the City of San Pablo.

FAQs
Frequently asked questions

Forms to Submit

• First-Time Homebuyer Guidelines - Revised December 2009
• First-Time Homebuyer Loan Application - Revised November 2008
• Loan Disclosure Statement
• Loan Underwriter Checklist - Revised May 2008
• Loan Program Process Summary
• Promissory Note
• Subordination Agreement
• No-Income Affidavit - Revised January 2007
• Verification of Household Composition - Revised July 2008
• Credit Authorization and Privacy Disclosure Form
• Acknowledgement Form for Home and Pest Inspection
• Acknowledgement of Shared Appreciatiion
• Deed of Trust - Will be provided at time of final signing

Resources to help you buy your first home
Purchasing a home can be both an exciting and taunting experience. Below are links to help you make an informed decision in what may be your largest financial investment.

• Resources to help you buy your first home
  CalHFA: Click here for 10 Things you Should Know Before Buying a Home

Free Credit Reports: Did you know that you can get a free copy of your credit report from each of the reporting agencies once a year for FREE? Your good credit is very important. A higher credit score can help you get a better interest rate on your credit cards, loans and many other services and programs. Below is a link to the Federal Trade Commission where you can read more about it and begin requesting your reports.

For information in English, click Here.

Para información en Español: haga clic aquí.