A Down Payment Shouldn’t Delay Your Timeline

For many buyers, the biggest obstacle to homeownership isn’t income.
It’s the down payment.

If you’ve been financially ready but still feel stuck saving that final chunk for down payment and closing costs, this may be the opportunity that changes your timeline.

Financial Partners Credit Union is offering a Middle-Income Down payment Assistance Grant of up to $50,000 for qualified first-time homebuyers purchasing a primary residence in Arizona, California, or Nevada.

This program is offered through Financial Partners Credit Union in partnership with FHLBank San Francisco.

And here’s the important part:
This is a grant. Not a loan.

That means no repayment, subject to program guidelines and approval.

Who May Qualify?

While full approval depends on lender review, here are the general eligibility guidelines:

• First-time homebuyer (HUD definition)

• Income between 80.01%–140% of Area Median Income (AMI)

• Minimum $10,000 buyer contribution

• Completion of homebuyer counseling

• Purchase of a primary residence

Funds are limited and available on a first-come, first-served basis.

Sample Maximum Income Limits (California)

To give you a clearer picture, here are sample income caps based on household size:

LA County

• 3 people: Up to $190,820

• 6 people: Up to $245,980

• 8 people: Up to $280,000

Orange County

• 3 people: Up to $213,220

• 6 people: Up to $274,820

• 8 people: Up to $312,760

Riverside / San Bernardino

• 3 people: Up to $140,980

• 6 people: Up to $181,720

• 8 people: Up to $206,780

Income limits vary by county and household size, so reviewing your specific scenario is key.

Why This Matters

We’ve seen buyers delay purchasing for years because they assumed:

• They needed 20% down

• They had to wait until “the perfect time”

• Assistance programs were only for very low-income buyers

• Grants were too competitive to even try

Programs like this are designed specifically for middle-income buyers who are earning well but still navigating Southern California home prices.

The right strategy can change your timeline by years.

If You’re Buying in the Next 3–12 Months

Grant funds are requested through the lender and must be reserved during escrow, with closing scheduled within 30 days prior to requesting funds.

Once they’re gone, they’re gone.

If purchasing in the next year is even a possibility for you, now is the time to explore eligibility — not after you fall in love with a home.

Smart moves start before the house.

Ready to explore this opportunity?

Reach out and we’ll review your goals and timing to see if this grant aligns with your strategy.

Program offered through Financial Partners Credit Union in partnership with FHLBank San Francisco. Subject to lender approval, membership eligibility, and fund availability. Funds are reserved during escrow.