Below Market Price (BMP) Homes

BMP Homes for Sale
At this time, there are no BMP homes available.

Interest List


If you would like to be notified when a BMP home is available for purchase, please sign up for our First Time Homebuyer Program Interest List. Please note that the interest list is not an application wait list. It is an "interest list" only.

Eligibility Requirements
To be eligible to purchase a BMP home, applicants may not have owned a home within the last three years. Qualified applicants must also meet one of the following requirements: 
  • Currently live in Fremont (for the last three consecutive years)
  • Currently work in Fremont (for the last three consecutive years)
  • Previously lived in Fremont (during the last ten years for at least three consecutive years)

Income Requirements

 
 An applicant's annual household gross income (before taxes) must not exceed the following:
Household Size Maximum Household Income
2 $98,285
3 $110,605
4 $129,470
5 $132,715
6 $142,505

Loan Requirements
To make an offer on a BMP home, applicants must obtain a loan pre-approval letter from a City Approved Lender. To apply for a loan pre-approval letter, applicants must submit a number of documents. See our list of documents.