Staff Home Purchase Assistance Program | Stanford Faculty and Staff Housing

Learn more

View a brief overview video (1:31)
During April 2021, attend an online information session
At any time, access the Stanford webpage on the Landed website to sign up for more information

Review a list of the regions where Landed is available, both within the Bay Area, in California, and in areas across the nation

Northern CA

San Francisco - Oakland - Hayward - includes counties of San Francisco, Marin, Alameda, San Mateo and Contra Costa
San Jose - Santa Clara - Sunnyvale - includes county of Santa Clara
Santa Cruz - Watsonville - includes county of Santa Cruz
Sacramento - Roseville - Folsom - includes counties of Sacramento and Yolo

Down-payment support through Landed:
- Stanford staff can receive funding for down-payment support to purchase a home
- Add the support from Landed to a personal down-payment contribution, for a combined 20% down
- In exchange for the down-payment support, Landed shares in the equity gain (or depreciation loss) at the time the home is sold or refinanced, or when the mortgage term ends
- When prospective homeowners have a 20% down payment, they typically qualify for lower mortgage interest rates and avoid costly Private Mortgage Insurance (PMI) that lenders often apply to home loans with less than 20% down
- The program accelerates the timeline to home ownership, enabling Stanford staff to benefit from tax deductions not available to renters
- The down-payment support from Landed is not a loan, so it does not add to an employee’s debt and there are no monthly payments
- The program supports the purchase of a primary residence
- The program is not limited to first-time home buyers
Education and financial counseling regarding home buying:
- Webinars and support to understand home buying options, such as how to make an offer, what contingencies are, how to close on your home, and more