​Up to $32,000 Downpayment Assistance Grants Available

Contact Us


Up to $32,000 Downpayment Assistance Grants are available for a short time for First Time Homebuyers. Contact us to learn more and apply.1 

WISH Program Downpayment Assistance Grants:


The Federal Home Loan Bank (FHLB) is making a $32,000 Downpayment Assistance Grant program available for eligible First Time Home Buyers! The Workforce Initiative Subsidy for Homeownership (WISH) Program can help families and individuals who qualify as first-time homebuyers, earning at or below 80% of the HUD median income based on the purchase property location1Contact us and learn more!

WISH provides eligible homebuyers 4-to-1 matching grants up to $32,000 that can be used for downpayment and closing costs. For example, a homebuyer who contributes $8,000 may qualify for a $32,000 grant. The amount granted may be forgiven after five years of continuous occupancy.

$32,000 FHLB Downpayment Assistance Grants are Limited:

FHLB $32,000 First-Time Homebuyer Downpayment Assistance Grant applications are accepted for a limited time and when grant funds are depleted, the program ends. Immediate action is recommended!
  
  

Contact one of our skilled Mortgage Loan Consultants to learn more and get started.

  

Deri Ross
Mortgage Loan Consultant

NMLS # 361879

Mobile: 916-802-7989
Email: [email protected]

Ahnalee Andaya

Mortgage Loan Consultant

NMLS # 1846466

Mobile:  916-508-7992
Email: [email protected]
  
 
 
For more information about 

The WISH Program for First-Time Homebuyers

   
Visit the FHLB website resource page for details

1Limited time offer that is subject to change and/or terminate at any time. The Workforce Initiative Subsidy for Homeownership (WISH) is a first-time homebuyer program that provides a one-time 4:1 matching grant to assist with down payment and closing costs.

For example, a homebuyer who contributes $8,000 may qualify for a $32,000 grant. The maximum grant amount in 2025 is $32,099.

The maximum eligible loan amount is $806,500. The buyer’s contribution may come from household savings and/or gift funds. Funds from other grants, credits, or concessions related to the transaction do not count toward the buyer’s required contribution.

To be eligible, the buyer must meet the Federal Home Loan Bank’s (FHLB) definition of a first-time homebuyer and have a household income at or below 80% of the HUD area median income, based on the location of the property and adjusted for household size. The home must be used as a primary residence, and the buyer must complete an approved homebuyer education course. The grant may be forgiven after five years of continuous occupancy.

Income limits vary by county. Sacramento Credit Union serves El Dorado, Placer, Sacramento, Solano, Sutter, Yolo, and Yuba counties. Please contact us for income limits specific to your county.