Unlocking Your Dream Home: The San Francisco City Second Loan Program - Contact Steve Williams REALTOR®, ABR® for Expert Guidance!

Congratulations, San Francisco home buyers, on taking the first step towards homeownership in one of the most captivating cities in the world! The San Francisco City Second Loan program presents a golden opportunity to make your dream of owning a home a reality. By providing down payment assistance, increasing your purchasing power, and reducing your monthly payments, this program can significantly enhance your chances of securing your ideal property. Take advantage of the information and resources available, and soon you'll be settling into your new home in San Francisco. Happy house hunting!

Part 1: Unlocking Affordable Homeownership: Introducing the City Second Loan Program

Are you searching for an affordable path to homeownership in San Francisco? Look no further than the San Francisco City Second Loan Program. This groundbreaking initiative offers a downpayment loan of up to $500,000 (subject to fund availability) to qualified buyers like you. Unlike conventional loans, the City Second Loan Program enables you to bid on a wide selection of properties available on the open market, providing you with diverse options to find your dream home.

Part 2: How the City Second Loan Program Works: A Seamless Process for Homebuyers

The City Second Loan Program streamlines the homebuying process for San Francisco residents. Here's a step-by-step breakdown:

  1. Apply and Get Pre-approved: Begin by applying to the listings and undergoing a pre-approval process with the Mayor's Office of Housing and Community Development (MOHCD). This ensures that you meet the income eligibility requirements. Learn more about the pre-approval process.

  2. Bid and Win: Once pre-approved, you can participate in property bidding and compete with other buyers. If your bid is successful, you'll move to the next stage. Find out how to participate in property bidding.

  3. Loan Application and Funding: After winning the bid, you'll work closely with your lender to apply for the loan funds. The MOHCD loan, which is in the second position on the title after the first mortgage, allows you to access the necessary financial support without interest or deferred payments. Learn more about the loan application and funding process.

  4. Purchase Your Dream Home: With the loan funds secured, you can proceed to purchase the property of your choice at the market price, without any price restrictions. Remember, these properties are privately owned, and MOHCD's role is to facilitate the sale and assist eligible buyers like you throughout the process.

Part 3: Required City Second Loan Documents: Important Documents for the City Second Loan Program

To participate in the San Francisco City Second Loan Program, you will need to complete and submit the following documents:

  1. DALP Full Application (fillable PDF): This application form is used for applying to listings. Download DALP Full Application

  2. MOHCD Lender Closing Checklist (PDF): This checklist is required for final approval after getting a ratified purchase agreement. It is an essential document in the City Second Loan Application Process. Access MOHCD Lender Closing Checklist

  3. Grant of Right of First Refusal (PDF): This document is required for all properties under the City Second Loan Program. Download Grant of Right of First Refusal

  4. City Deed of Trust (City Second) (PDF): The City Deed of Trust secures the loan against the title of the property. The City loan will subordinate to the first mortgage. View City Deed of Trust

  5. City Note (City Second) (PDF): The City Note contains an acceleration clause, which will call the entire loan due and payable at the sale, rental, and title transfer of the property. The City Note also outlines the terms of repayment. Access City Note

Begin Your Journey Today The San Francisco City Second Loan Program is your path to homeownership in this vibrant city. With its down payment assistance, increased purchasing power, and reduced monthly payments, this program can turn your dream into a reality. Take advantage of the resources available, explore the pre-approval process, bidding process, and loan application process, and soon you'll be unlocking the door to your new home. Don't wait any longer—start your journey to homeownership in San Francisco today!

For more information about the San Francisco City Second Loan Program, please visit the official website of the Mayor's Office of Housing and Community Development:

For more information on how to get started today, contact Steve Williams REALTOR®, ABR®, at [email protected]. Steve is a seasoned professional with extensive experience in guiding homebuyers through the City Second Loan Program. He will provide you with personalized assistance and help you navigate every step of the process. Don't hesitate to reach out and take that first exciting step toward owning your dream home in San Francisco!


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Steve understands that buying or selling a home is a major investment decision. In him, you will find a trustworthy Realtor® who will walk with you towards realizing your real estate vision.
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