Costa Mesa First-Time Homebuyer
Costa Mesa First-Time Homebuyer is a deferred 2nd from City of Costa Mesa Housing Auth. Serves Costa Mesa. Up to $50,000 toward a home purchase. For first-time buyers. Income limit: 100% AMI.
Up to $50,000
Waitlist as of May 2026
Serves Costa Mesa.
| First-time buyer | Required |
|---|---|
| Income limit | 100% AMI |
| Minimum credit score | 620 |
| Maximum DTI | 50% |
| Homebuyer education | Required (HUD-approved 8-hr or eHome) |
| Occupations | City-wide |
| Property types | SFR, condo |
| Occupancy | Owner-occupied primary |
| Eligible loan products | FHA/Conv/VA/USDA |
| Sales price cap | 500000 |
| Repayment | 30-yr 0% silent 2nd, due on sale/refi |
| Stacking | Layers with CalHFA, GSFA |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: City of Costa Mesa Housing Auth · program details at the provider’s site.
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