First-Time Home Buyer

Important Notice

This program is currently not available.

About the Silent Second Program

The City of Baldwin Park offers a Housing Assistance program to low-income first-time homebuyers. If you are thinking of purchasing a home in the City of Baldwin Park, consider the Silent Second Program. It provides a loan that funds the difference between the purchase price of the home and the first mortgage. The homebuyer is required to put a 1.5% down payment. 

Please contact the City for the most recent maximum purchase. 

How it Works

The Silent Second or "gap financing" program assists homebuyers in purchasing their home by filling in the affordability gap. The gap is defined as a difference between the purchase price of the home and the first mortgage plus a 1.5% down payment. Baldwin Park's program will provide a maximum second mortgage loan of $70,000. 

Funds

The funds for the Silent Second Program are Federal funds and State funds, more specifically, HOME Investment Partnership Program (HOME). 

How to Apply