FIRST TIME HOMEBUYER PROGRAM
This First Time Homebuyer Program is being funded with Low to Moderate Housing funds from the El Centro
Redevelopment Agency. The program was established to offer downpayment assistance to all first time
homebuyer qualified residents of the City for purchase of any existing or qualifying new home in the City of El
Centro.
ELIGIBILITY
To be eligible for FTHB Program assistance the first-time homebuyer must:
1. Be an income eligible household which has not owned real property within three (3) years. Refer to table for
income eligibility.
2. Be able to qualify for a permanent 30 year, fixed rate loan provided by a Federal or State Agency.
3. Inject 2% of the purchase price as their share of the downpayment.
4. Be the principal place of residence of the buyer.
5. The property must be owner-occupied or vacant at the time of the purchase agreement is presented.
6. Attend a four hour Homeownership Education Workshop.
7. Must be pre-approved by a City approved lender.
To view the first time homebuyer brochure, please CLICK HERE
To view the City of El Centro’s website, please CLICK HERE
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Chris "Doc" Apodaca
Jeff Brown – BawldGuy
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