HEART increases the maximum home price and income caps for the First-Time Homebuyer Program

HEART has increased the maximum home purchase price to $908,156 and the maximum household income to $170,000. Apply now! 

In response to higher housing costs, HEART and Meriwest Mortgage now allow new homebuyers in San Mateo County to purchase homes for up to $908,156, with HEART offering up to $136,223 as a down payment second loan.

There’s more! To better accommodate middle income families, HEART has increased the maximum household income from $150,000 to $170,000.

Julie Barnard, who works for the City of South San Francisco, bought her first home using the HEART Program. Julie said she “would never have been able to own a home without the Program.”

Since its inception, HEART’s Program has helped 87 families achieve their dream of homeownership. With higher income and home price levels, even more individuals and families will benefit from the program.

Visit the homebuyer loans page for more information and spread the word!

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