The HouseKeys Ownership Marketplace

(Page organized alphabetically) / Last Updated: 11/21/2025

THE CITY OF ALAMEDA

City Guidelines

First-time Homebuyer - Required
LTV - 50% to 97%
top/bottom ratios - 35% (min 28%)
Asset Cap - none
Credit score - must pass lender’s criteria

More Opportunities coming soon!

CONTRA COSTA COUNTY

City Guidelines

First-time Homebuyer - The household has not owned a residence within the previous three years.
LTV - None.
top/bottom ratios - None
Asset Cap - The household has no more than $250,000 in assets. This amount excludes assets reserved for down payment and closing costs, assets in retirement savings accounts, and assets in medical savings accounts.
Credit score - no minimum

THE CITY OF GILROY

City Guidelines

First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - TBD
Credit score - TBD

more opportunities coming soon!

THE CITY OF HAYWARD

City Guidelines

First-time Homebuyer - not required
LTV - 97%
top/bottom ratios - 40/45
Asset Cap - No limit. Must disclose all assets.
Credit score - The credit report must include information from all three credit bureaus (Experian, TransUnion, Equifax) and use a mortgage-risk model (used by licensed mortgage lenders). Must Meet lender’s credit score guidelines

CITY OF HERCULES

City Guidelines

First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - TBD
Credit score - TBD

more Opportunites coming soon!

THE CITY OF LAFAYETTE

City Guidelines

First-time Homebuyer - not required
LTV - none. cash purchases acceptable
top/bottom ratios - based on lender guidelines
Asset Cap - no asset limit
Credit score - Based on lender requirements

THE TOWN OF LOS GATOS

City Guidelines

First-time Homebuyer - An applicant whose name has not appeared on a residential title in the counties covered by the ABAG or AMBAG, which are Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma for at least three years before application.
LTV - 97%
top/bottom ratios - none
Asset Cap - no asset limit
Credit score - none

More opportunities coming soon!

THE CITY OF MILPITAS

City Guidelines

First-time Homebuyer - Required. cannot have owned a home for the last 3 years
top/bottom ratios - defer to lender
Asset Cap - no limit
Credit score - defer to lender

THE CITY OF MORGAN HILL

City Guidelines

First-time Homebuyer - Required. Exceptions include:
(1) A displaced homemaker who, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. A displaced homemaker is an adult who has not, within the preceding two years, worked on a full-time basis as a member of the labor force for a consecutive twelve-month period and who has been unemployed or underemployed, experienced difficulty in obtaining or upgrading employment and worked primarily without remuneration to care for his or her home and family; or(2) A single parent who, while married, owned a home with his or her spouse or resided in a home owned by the spouse. A single parent is an individual who is unmarried or legally separated from a spouse and has one or more minor children for whom the individual has custody or joint custody or is pregnant, or(3) An existing BMR homeowner who no longer meets the occupancy standards in these guidelines and otherwise qualifies to purchase a larger or smaller BMR home at the time of re-application.

LTV - 97% or lower
top/bottom ratios - 40/45
Asset Cap - 50% of household AMI plus the down payment of up to 20% of the BMR price
Credit score - Minimum 620

THE CITY OF MOUNTAIN VIEW

City Guidelines

First-time Homebuyer - Not Required
LTV - 70%
top/bottom ratios - If a household is within household income limits, the city accepts the front & Back ratios the first mortgage lender will allow.
Asset Cap - Assets of an owner cannot exceed 30% of the purchase price of the BMR unit or $150,000, whichever is lower, excluding funds dedicated to federally recognized retirement programs
Credit score - N/A

More opportunities coming soon!

THE CITY OF NAPA

City Guidelines

First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - TBD
Credit score - TBD

THE CITY OF SAN LUIS OBISPO

City Guidelines

First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - Cannont exceed 1/2 of the purchase price
Credit score - TBD

THE CITY OF SAN RAMON

City Guidelines

First-time Homebuyer - First-time Homebuyer - Required. Exceptions include:
(1) A displaced homemaker who, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. A displaced homemaker is an adult who has not, within the preceding two years, worked on a full-time basis as a member of the labor force for a consecutive twelve-month period and who has been unemployed or underemployed, experienced difficulty in obtaining or upgrading employment and worked primarily without remuneration to care for his or her home and family; or(2) A single parent who, while married, owned a home with his or her spouse or resided in a home owned by the spouse. A single parent is an individual who is unmarried or legally separated from a spouse and has one or more minor children for whom the individual has custody or joint custody or is pregnant, or(3) An existing BMR homeowner who no longer meets the occupancy standards in these guidelines and otherwise qualifies to purchase a larger or smaller BMR home at the time of re-application.

LTV - 97% or lower
top/bottom ratios - 40/45
Asset Cap - 50% of household AMI plus the down payment of up to 20% of the BMR price
Credit score - Minimum 620

More Opportunities Coming Soon!