Subordination and Refinancing
How to refinance a home purchased through City programs
If the City provided financial assistance to you to purchase a home, you must follow this refinance process, and you must work with an approved lender.
Due to historically low interest rates, the Mayor’s Office of Housing and Community Development (MOHCD) is experiencing a high volume of re-finance (subordination) request. Our processing times for these types of requests are currently running about 60-90 calendar days, assuming the package is complete.
What to do
- Once your lender has submitted, email Mojdeh Majidi at Mojdeh.Majidi@sfgov.org to confirm your submission.
Mayor’s Office of Housing & Community Development
ATTN: Loan Servicing
1 S Van Ness Ave, 5th Floor
San Francisco, CA 94103
- If you are missing any documents (including fees), the City will reach out and notify you.
- You then have 48 hours to complete the additional necessary paperwork.