POPPYLOAN gives San Francisco buyers a way out of their rental rut

  • A Bay Area credit union is making waves for offering no-down-payment, 100-percent financing loans up to $2 million.
  • Buyers must be at least 18 years old, members of the SFFCU and work in the counties of San Francisco or San Mateo. Eligibility also depends on credit score, income, employment status and other factors.
  • For real estate agents, POPPYLOAN brings more choices to the table for clients.

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A new mortgage loan program offered by a Bay Area credit union is making waves for offering no-down-payment, 100-percent financing loans up to $2 million — but for many people living and working in the rental roller coaster that is San Francisco, it may be one of their few paths for homeownership.