Good Neighbor

Law Enforcement Officers, Pre-Kindergarten through 12th grade Teachers, Firefighters and Emergency Medical Technicians can contribute to community revitalization while becoming homeowners through HUD's Good Neighbor Next Door program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return, borrowers must commit to live in the property for 3 years as their sole residence.


Program Details

  • 30 year fixed and 15 year fixed loan terms
  • Minimum $100 down
  • Closing costs may be financed

How a borrower participates in the Good Neighbor Next Door Program

  • The borrower checks the listings for their particular state/area:
  • The borrower follows HUD's instructions to submit their interest in purchasing a specific home.
  • Borrowers must offer the exact HUD list price when bidding on any GNND property. They will then receive a 50 percent discount off of that list price.
  • If more than one person submits on a single home, a selection will be made by random lottery.
  • A sales contract is accepted by HUD.
  • The sales contract must indicate "Good Neighbor Next Door" to obtain the $100 down payment feature.
  • HUD requires that the borrowers sign a second mortgage note for the property discount amount. No interest payments are required on this "silent second" provided that they fulfill the three-year occupancy agreement.


Get Today's Rates  


Download our FHA Good Neighbor Guidelines 


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Account Executives
Beth Reno 925.858.5668
Carol Commiskey 925.997.5575 
Cassie Quinn 408.506.3749
Chip Mamiya 310.722.8733   
Conrad Tan 408.334.9836  
Greg Woolsey 805.732.5258
Holly Chase 949.683.9002
Kristen Jerger 760.602.9555   
Lisa Lariccia 619.754.5874
Lynne Gonzales 949.338.5390 
Phil Aguillon    408.701.7714  
Reina Martinez 626.590.0246


VP/ Regional Sales Manager
Terri Buckman  925.822.5931


RVP/Regional Manager
Shelley Thurlow   925.822.5287

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