101 Executive Park (Candlestick Cove Phase V)

This is a great 4 Bedroom, 4 Bathroom condo in the exclusive Candlestick Cove.  This complex has a club gym, patio, transportation 3 blocks away, and shopping 4 blocks away.

(435.75 HOA dues)

Maximum household income must not exceed the following amounts by household size.

90% of Maximum Income by Household Size derived from the Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2012

A one person household can make no more than $64,900

A two person household can make no more than $74,150

A three person household can make no more than $83,450

A four person household can make no more than $92,700

A five person household can make no more than $100,150

A six person household can make no more than $107,550

A seven person household can make no more than $114,950

(Households must be at least as many people as bedrooms in the unit. Please visit www.sf-moh.gov for larger households.)

Please note that applicants must submit a loan pre-qualification and final loan through a BMR participating lender and all titleholders must complete a first-time homebuyer workshop through any of the City’s 5 approved first-time homebuyer counseling agencies in order to apply.

Please sign up for a first-time homebuyer class today by contacting one of our 5 approved counseling agencies (click here). Or visit homeownershipsf.org for a schedule of upcoming classes. Please note that classes can fill up and applicants are encouraged to sign up as soon as possible. Certificate is valid for 2 years from the date of issuance for all Mayor’s Office of Housing first time homebuyer programs. Applicants attending workshops that offer a one-on-one follow-up counseling appointment (which is highly recommended) may apply for the unit with a letter from the counseling agency stating that the one-on-one meeting is pending.

Households must be as many people (or more) as number of bedrooms in the unit to apply.

Applicants are encouraged to apply for downpayment assistance through the following programs. Please review these programs in detail at http://sf-moh.org/index.aspx?page=261.

• BMR Down Payment Assistance Program (BMR DALP)
• American Dream Downpayment Initiative
• Teacher Next Door Program
• Police in the Community Program
• Mortgage Credit Certificate (MCC) Program (cannot be used with BMR DALP)
• The State of CA also provides 3% of sales price through the CalHFA CHDAP program.

All participating lenders should explore these options with BMR buyers.