City of Fremont Below Market Price (BMP) Home First Time Homebuyer Program for Low to Middle Income Households ONLY !! Listing agent cannot represent buyers. Please work with your buyer's agent to apply. Any question on qualification and application, please work with your buyer's agent. Do not contact the city unless you need a buyer's agent, Buyer must meet ALL of the following requirements: 1. First time homebuyer and has not owned a home within the last 3 years. 2. Live or work in Fremont. 3.Income Requirements. 4. Household size must be between 2 and 5 persons 5.Pre-approval letter with City-approved lender required prior to showing. 6. Other requirements. See city FAQ