You are leaving Sierra Central Credit Union
Links to non-Sierra Central websites are provided solely as pointers to information that may be useful to SierraCentral.com users. Sierra Central has no control over the content on such websites.
Sierra Central makes no warranties, either express or implied, concerning the content of such linked sites, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does Sierra Central warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination.
Sierra Central does not guarantee the authenticity of documents on the Internet. Links to non-Sierra Central sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. The privacy policies of Sierra Central Credit Union do not apply to linked Websites. Please consult the privacy disclosures on such sites for further information.
Middle Income Down Payment Assistance Program
Eligible homebuyers who contribute a minimum of $10,000 toward their down payment may qualify for a grant of up to $50,000 that can be used for the homebuyer’s down payment and closing costs.
A homebuyer applicant must fulfill the requirements below in order to be eligible for Middle-Income Down Payment Assistance funds, which are given through a participating FHLBank San Francisco member.
The applicant must:
- Be a first-time homebuyer, as defined by the U.S. Department of Housing and Urban Development (HUD)
- Income eligibility requires the homebuyer household to have earnings between 80.01% and 140% of the HUD defined AMI based on purchase property address and adjusted for household size
- Successfully complete a homebuyer counseling program
- Purchase an eligible property as their primary residence in Arizona, California, or Nevada. Such property may include (1) single-family homes, such as a condominium, cooperative housing, and manufactured homes, and (2) housing with two to four dwelling units with at least one owner-occupied unit
- Open escrow on a home purchase transaction, with closing scheduled within 30 days prior to the Bank member requesting program funds, which such member will disburse to the homebuyer
- Make a minimum contribution of $10,000, which may come from savings or gifted funds
If you’re looking for a home loan lender who takes the time to understand your financial situation and personal goals, let Sierra Central help you with your home loan process.
.png)
Thank you for your membership—time to be rewarded!
Thank you for your membership—time to be rewarded!
For a limited time, eligible members may receive an extra .25% discount on their Auto Loan when payments are set up from a Sierra Central Checking account.
For a limited time, eligible members may receive an extra .25% discount on their Auto Loan when payments are set up from a Sierra Central Checking account.
-1.jpeg)
Whether you're purchasing a new home or refinancing, this limited‑time offer helps you save right from the start.
Whether you're purchasing a new home or refinancing, this limited‑time offer helps you save right from the start.
