Creekside Pointe Middle-Income Homebuyer Qualification Checklist

Are you a first-time homebuyer (no home ownership in the last 3 years)?

• Yes – Great! You can proceed with the qualification checklist below.
• No – Stop here. Unfortunately, this program is only open to first-time buyers.

For eligible first-time buyers, use the checklist below to verify you meet all requirements to purchase one of the four affordable 3-bedroom, 3-bath homes at Creekside Pointe under the San Diego Housing Commission (SDHC) Affordable For-Sale Housing Program (120% AMI).

2025 Income Limits (120% AMI)

Below are the 2025 SDHC income limits at 120% of Area Median Income (AMI) for San Diego County, by household size​. Your household’s gross income must be at or below the limit for your family size to qualify.

Household Size	120% AMI Income Limit (2025)
1 Person	$109,850
2 People	$125,550
3 People	$141,250
4 People	$156,950
5 People	$169,500
6 People	$182,050
7 People	$189,300
8 People	$189,300

Eligibility Criteria – Checklist

You must meet _ALL_ of the following eligibility criteria.** Check each item below to confirm:

• First-Time Homebuyer: You (and all adult household members) have not owned a home in the last 3 years​ (All buyers must be first-time homebuyers under this program.)
• Household Size Requirements: Your household has at least 4 people. (A 3-bedroom home requires a minimum household size of 4 under program occupancy standards.)
• Residency & Work History: You are currently living and working in San Diego County and have done so for a minimum of the past 2 years. (Documentation of 2-year San Diego residency and employment is required.)
• Income Limit (120% AMI): Your total household gross income is at or below the 120% AMI limit for your family size. (See the 2025 income limit table above – for example, a 4-person household must earn ≤ $156,950 in 20245.)
• Asset Limit: Your available liquid assets (cash or assets easily convertible to cash) do not exceed the 120% AMI income limit for your household size, after applying the maximum allowed down payment​. (Retirement accounts that can’t be accessed are excluded. Excessive assets can disqualify applicants.)
• Minimum Credit Score: All purchasers have a minimum credit score meeting program requirements. SDHC’s minimum FICO score is 640​; and the Creekside Pointe listing also specifies a 640 minimum for these homes​. Ensure your credit is in good standing (and address any collections or delinquencies before applying).
• Down Payment & Financing: You can provide at least a 3% down payment from your own funds (or eligible family gift)​. No more than 20% down payment is allowed in this program (to ensure buyers have limited assets)​. You must finance the purchase with a mortgage – all-cash purchases are not permitted​ (Have a lender pre-approval ready; see Documents checklist below.)
• Occupancy and Co-Borrowers: You intend to occupy the home as your primary residence. All co-borrowers must also live in the home, and non-occupant co-signers are not allowed​. (This program is for owner-occupants only; no investors or non-resident co-buyers.)
• Program History: You have not previously participated in an SDHC first-time homebuyer or affordable for-sale housing program​. (Households can only use SDHC homeownership assistance once.)
• Student Status: No applicant or co-applicant is a full-time post-graduate student (full-time graduate students are not eligible for this program)​.
• Independent Purchase (No Double Dipping): You are not relying on additional SDHC homebuyer assistance loans or grants. (SDHC down payment/closing cost assistance cannot be combined with the Affordable For-Sale Housing Program)​.

If you meet the eligibility criteria please contact us, you may qualify to purchase one of these homes.