San Francsico Single Family Mortgage Revenue Bond Program (SFMRB)
SFMRB provides first-mortgage loans to homebuyers in the City of San Francisco on a first-come, first-served basis. The loans will be fixed, 30 year FHA, VA, or conventional mortgage rate at about 1/3 to 1/2% below the market rate.
Additional Mortgage Assistance is available with the loans to qualified buyers.

Mortgage Assistance Program
SF Mayor's Office of Housing (MOH) provides mortgage assistance to subsidize those households whose income is sufficient to qualify for the needed mortgage to purchase a property. The lender determines whether a household needs mortgage
assistance by taking the purchase price less the actual down payment to determine the needed mortgage amount. The lender will then calculate the supportable mortgage of the household using the established underwriting criteria. If this supportable
debt is less then the needed mortgage amount then the borrower may be eligible for mortgage assistance of up to $400 per month for the first year. The mortgage assistance provides a subsidy to the borrower in the form of monthly financial assistance
to pay on the borrower's first mortgage. The monthly financial assistance decreases 5% every year until the borrower is paying the full monthly payment. MOH will provide up to a maximum of $4,800 in mortgage assistance for the first year.

Income Requirement
The total household income (including the income of anyone 18 years or older who is both residing in the property, responsible for the mortgage and/or any co-mortgagor listed on title) cannot exceed $109,800

Maximum Purchase Price

Maximum Loan amount

First-Time Home buyer Requirements
The SFMRB applicant cannot have had an ownership interest
in a Principal Residence at any time in the last 3 years