San Diego Down Payment Assistance Nobody Talks About

Most people think down payment assistance in San Diego is only for low-income buyers. It's not, and one program covers your down payment and forgives it after three years. I break down the Chenoa Fund — how it works, how much home it gets you here, and the two catches to know before you use it. New San Diego real estate every week → Subscribe. 📌 WHAT'S COVERED: I walk through how the Chenoa Fund pairs with an FHA loan to cover your down payment, up to three and a half percent of the purchase price, as a forgivable loan you keep after thirty-six on-time payments. I cover who qualifies — no first-time buyer requirement, no income limit, and a 600 minimum credit score. I break down the 2026 San Diego County FHA limits, including the duplex move that lets you house-hack with rental income. Then I get honest about the two catches most people skip: the FHA mortgage insurance and refinance timing, and the owner-occupancy requirement. I also compare it to the Dream For All lottery and the CalHFA silent-second programs so you can see why down payment assistance in San Diego is worth a real look. 🏠 WHO THIS IS FOR: If you're thinking about buying in San Diego and the down payment is the one thing holding you back, this one is for you. Whether you're a first-timer or you've owned before, the Chenoa Fund could be your way into a San Diego home. 📝 My Preferred Lender, Matt Kish Movement Mortgage 📱 909-434-7091 📨 Matt.Kish@movement.com Want to CONNECT with me Direclty? 📱 Call or Text: 619-829-2908 📨 Email: Karl@YourSanDiegoRealtor.com 📅 Scheduler: https://bit.ly/SchedulewithKarl 💵 Looking for a High Yield Savings Account? Here is the one I use. My affiliate link: https://ally.com/referral?code=7Z7S2B... 💵Do you pay rent? Here is how you can HACK your rent payments for future rent credits or travel/vacations. It's call the BILT reward credit Card. Check out my affiliate link at: https://bilt.page/r/IQVI-PK5I Let's connect on social! Tik Tok: ➡︎ / KarlSanDiego IG: ➡︎ / KarlKyler YT: ➡︎ @KARLisMyRealtor As always, Karl Kyler Your San Diego Realtor DRE 01439839 Exp Realty of Southern Califorina Inc ⏰ Timecodes ⏰ 00:00 Intro