First Time Homebuyer’s Program – City of Escondido

Feb 1, 2012

Did you know that the City of Escondido has a first-time homebuyer’s program where eligible homebuyers can get up to $25,000 towards the purchase of a home?

Wow! That’s really great, right? Just today, we received an email in our office where a local Escondido resident asked the following question:


“How can I go about getting qualified for the Escondido first time homebuyer’s program?”

Well, this gentleman already knows the answer to the question, but I am going to share it with you here.

First Time Homebuyer’s Program by the City of Escondido

In order to get qualified for the Escondido first time homebuyer’s program, you need to sit down with a local mortgage officer who has experience with this program. This means that the individual that you are working with must understand the qualifications for the program as well as the process for obtaining the city loan. The good news is that the mortgage lender takes care of all of the details for the program and works it out so that the loan you obtain with the mortgage lender (called your first mortgage) and the loan from the city (your second mortgage) are all taken care of by one individual.

The best part of this program is that repayment of the loan is deferred until you sell, transfer, refinance or no longer live in the property as your primary residence.

So, if you are interested in buying your first home in Escondido and want to take advantage of this program, please feel free to contact our office. We can “hook you up” with a local mortgage lender and help you get on your way to homeownership in Escondido.


We can help sellers throughout San Diego North County and beyond to avoid foreclosure and walk away from their home without having to pay a penny, and without having their credit ruined by foreclosure or bankruptcy.

Some of the communities we serve are Encinitas,  San MarcosCarlsbadOceansideEscondidoRancho BernardoPowayVistaValley CenterFallbrook, and surrounding areas.