Up to $50,000 in down payment assistance.

Up to $50,000 in down payment assistance.

Middle Income Down Payment Assistance Program.

Frontwave Credit Union is making homeownership more accessible with the Middle-Income Down Payment Assistance Program. This initiative offers qualifying individuals and families a grant of up to $50,000 to help with down payment costs, bringing your dream of owning a home within reach.

Who’s Eligible?

To qualify, you must meet these requirements:

  • Be a First-Time Homebuyer,

    as defined by HUD

  • Complete a HUD-Approved

    Homebuyer counseling program

  • Open Escrow With a Closing Date

    Within 60 days of requesting program funds

  • Contribute at Least $10,000

    Toward the purchase

  • Have a Household Income Between 80.01% and 140%

    Of the Area Median Income (AMI) for your county, adjusted by household size

  • Must Be Primary Residence

    Eligible properties: single-family, condos, manufactured homes, or owner-occupied multi-unit homes.

Program Highlights

  • Grant Amount: Up to $50,000
  • Buyer Contribution: Minimum of $10,000 from your own funds or a gift from an eligible donor

Income Guidelines

Income limits vary by county and family size. For example:

  • Riverside County: Household income must be between $31,200 and $82,000 for a family of four.
  • San Bernardino County: Household income must be between $31,200 and $82,000 for a family of four.
  • San Diego County: Household income must be between $45,450 and $121,250 for a family of four.

Check the HUD guidelines for your county or contact us to learn more.

100% Financing.
Not Just for First-Time Buyers.

Think you need a big savings account or first-time buyer status to become a homeowner? Think again. With Frontwave’s No Down Payment Mortgage, you can move in with zero down* and start building equity, whether it’s your first home or your fifth.

Additional Picks

Home Loan Consultants

Buying a home shouldn't be complicated. We make it simple. Our Home Loan Consultants walk you through every step so you can focus on what matters - getting the keys to your dream home.

Let’s Get Started

Have questions? Want to prepare for the next funding cycle? Our team is here to help you navigate every step of the homebuying process. Call us at 800.736.4500 x1716 or email rehlc@frontwavecu.com and let’s make your dream of homeownership a reality.

Disclaimers

* Property must be owner-occupied. 100% financing available up to $806,500 in Riverside and San Bernardino Counties, and up to $1,077,550 in San Diego County. Other limits may apply based on location, loan type, and borrower qualifications. Rates and terms vary based on creditworthiness and property. Private mortgage insurance (PMI) may be required. Not all borrowers will qualify. All loans are subject to credit and underwriting approval.

Frontwave Credit Union is an Equal Housing Lender. NMLS #445243.

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