Through the City's First Time Homebuyer Program, below market price (BMP) homes located in Fremont are occasionally listed for sale.

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BMP Homes for Sale

At this time, the City has no BMP homes for sale.

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Eligibility Requirements

To be eligible to purchase a BMP home, applicants must be a US citizen or permanent resident and must not have owned a home within the last three years. Priority will be given to those currently living or working in Fremont.

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Income Requirements

The applicant's annual household gross income (before taxes) must meet the minimum and maximum limits listed below. For example, a 3-person household must earn at least $108,750 and no more than $168,150 a year before taxes to be eligible. Income requirements are subject to change based on the home for sale. Applicants with incomes close to the limits are still encouraged to apply.

• 2-person household: $96,650 - $149,500

• 3-person household: $108,750 - $168,150

• 4-person household: $120,800 - $186,850

• 5-person household: $130,500 - $201,800

• 6-person household: $140,150 - $216,750

• 7-person household: $149,800 - $231,700

• 8-person household: $159,500 - $246,650

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Application and Loan Requirements

To make an offer on a BMP home, applicants must take the following steps:

Duplicate offers from the same household will be disqualified.

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Frequently Asked Questions (FAQs)

For more detailed information about BMP homes, how to qualify, and how to apply, please read the City's BMP Homes FAQs.

First Time Homebuyer Program Guidelines

For detailed guidelines for the City's First Time Homebuyer Program, please read the City's guidelines document.

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Interest List

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