Staff Home Purchase Assistance Program

We are proud to partner with Landed to expand access to homeownership for our employees. Landed can co-invest up to 15% (max $120,000) toward your downpayment, as well as provide other comprehensive home buying resources. Homebuyers will contribute at least 5%. You can learn more at landed.com or email customer@landed.com to speak to a Landed teammate.

Learn more

View a brief overview video (1:31)
At any time, access the Stanford webpage on the Landed website to sign up for more information
An info session recorded in English is available here.
An info session recorded in Mandarin is available here.
An info session recorded in Spanish is available here.

Eligibility

Employees in staff positions who receive benefits from Stanford
May not be available in conjunction with other Stanford housing programs

Geographic regions where Landed operates

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 the county of Santa Clara
Santa Cruz - Watsonville - includes the county of Santa Cruz
Sacramento - Roseville - Folsom - includes counties of Sacramento and Yolo

Program highlights

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

Stanford/Landed Statistics as of May 2022:

2,289 employees have engaged with Landed
513 Calls with Landed
150 Employees on-boarded with Landed
41 Home Buyers