Homebuyer Programs

The City of San José homeownership programs are an important component of its overall housing strategy. The following programs are available for potential homebuyers in San José:

• Teacher Homebuyer Program (THP) - Program for San José public school teachers is designed for credentialed and emergency credentialed full time teachers who teach grades K through 12 in San José.



• SJSU Faculty & Staff Homebuyer Program (FSHP) - Program for full-time permanent San José State University (SJSU) employees.



• Equity-Share Homebuyer Program - Downpayment assistance program with varying loan amounts in specific developments for low- and moderate-income first-time homebuyers.

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Loan Documents

The following loan documents are standards in the City's Homebuyer Program:

THP	FSHP	Equity Share Homebuyer
Promissory Note	Promissory Note	Promissory Note
Affordability Restrictions	Affordability Restrictions	Affordability Restrictions
Deed of Trust	Deed of Trust	Deed of Trust
Deed of Trust Rider	Deed of Trust Rider	Deed of Trust Rider

Resources

The following resources may also be of use to potential homebuyers in San José:

• Affordable Housing Week - May 13-17, 2008



• Neighborhood Housing Services Silicon Valley (NHSSV) - The City's primary non-profit housing partner specializing in providing programs and services for first-time homebuyers. NHSSV administer the Home Venture Fund on behalf of the City of San José.



• Homebuyer Quick Reference Guide



• Affordable Housing Development List



• Homebuyer Application



• SJSU Supplemental Application



• Lender List



• Lender Handbook



• Asset Income Worksheet



• Affordable Housing Cost Limit (AHCL) Worksheet



• No Income Affidavit



• City Loan Underwriting Guidelines

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*Note to existing homeowners - If you already own a home and have questions about your City loans please contact Maria Aguilar at (408) 975-4428.

Programs : Homebuyer Programs