The Employer Mortgage Assistance Program (EMAP) provides downpayment and closing cost assistance in the form of a second mortgage for homebuyers who are employed with a Participating Employer.

The interest rate for EMAP Loans is 2.0%.  EMAP Loans have level monthly payments and five (5) year terms. Loan amounts range between $600 and $6,000.

For homebuyers receiving a First-time Homebuyer Program loan, the EMAP Loan is subject to the same Income and Purchase Price Limits as the First-time Homebuyer Program.

Payments for EMAP Loans are included with your regular monthly house payment if you have also used SDHDA's First-time Homebuyer Program.

Buying a home is one of the most important purchases many people will make.  That is why SDHDA strongly recommends individuals attend a Homebuyer Education class before they purchase their first home. 

Click here for a printable list of  Downpayment Assistance (DPA) Income and Purchase Price Limits.