Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
County of San Luis Obispo employees, including permanent and temporary employees
What support do you get?
Current County of San Luis Obispo and GSFA materials say eligible county employees can receive up to 5.5% of the first-mortgage loan amount for down payment and closing costs. The main layer is a 3.5% deferred second mortgage, and an additional gift layer of up to 2% may be available for a total of up to 5.5%, subject to current market conditions.
Do you repay it?
Current GSFA materials say the main Assist-to-Own layer is a 0% deferred second mortgage with no monthly payments, due upon sale or refinance of the first mortgage. The extra assistance layer is described as a gift of up to 2%, and county materials say that extra layer can change with available funds and interest-rate conditions.
How do you apply?
Start with a GSFA participating lender, use an eligible FHA, VA, USDA, or conventional first mortgage, verify County of San Luis Obispo employment, and follow the GSFA Assist-to-Own lender process. Current GSFA materials say employees may buy or refinance a primary residence anywhere in California.
Official source evidence
The current County of San Luis Obispo employee-benefits page says county employees may use Assist-to-Own. Current GSFA San Luis Obispo materials show the structure as a 3.5% deferred second plus up to 2% additional gift assistance, available through participating lenders for eligible county employees.
View official source
Last verified
2026-04-20
Effective date not captured.
Paid preview
What paid access adds for San Luis Obispo County Assist-to-Own Down Payment Assistance Program
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
San Luis Obispo County Assist-to-Own Down Payment Assistance Program
Amount: Current County of San Luis Obispo and GSFA materials say eligible county employees can receive up to 5.5% of the first-mortgage loan amount for down payment and closing costs. The main layer is a 3.5% deferred second mortgage, and an additional gift layer of up to 2% may be available for a total of up to 5.5%, subject to current market conditions.
Repayment: Current GSFA materials say the main Assist-to-Own layer is a 0% deferred second mortgage with no monthly payments, due upon sale or refinance of the first mortgage. The extra assistance layer is described as a gift of up to 2%, and county materials say that extra layer can change with available funds and interest-rate conditions.
First-time buyer: Not required
Risk checks preview
What gets flagged before you call a lender
- San Luis Obispo County Assist-to-Own Down Payment Assistance Program requires a participating lender.
- San Luis Obispo County Assist-to-Own Down Payment Assistance Program must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate San Luis Obispo County Assist-to-Own Down Payment Assistance Program for this household and loan setup?
- Which first-mortgage product must be paired with San Luis Obispo County Assist-to-Own Down Payment Assistance Program, and what breaks eligibility?
Action checklist preview
What you would do next
- Review the official County employee-benefits page for San Luis Obispo County Assist-to-Own Down Payment Assistance Program
- Ask whether your lender is approved for this exact program and loan structure.
