CalHFA Down Payment Assistance programs help eligible California homebuyers purchase a home with little to no money out-of-pocket by providing support for down payment and, in some cases, closing costs.
Program Highlights
– Up to 100% Down Payment Assistance available when combined with eligible programs
– Minimum FICO: 600 (program-dependent)
– Primary Residence Only
Eligible Property Types
– Single-Family Homes
– 2-Unit Properties
– Townhomes & Condos
– Double-Wide Manufactured Homes
DPA Details
– Assistance typically ranges from 3.5%–5% of the purchase price for FHA loans
– Funds are provided as a deferred or potentially forgivable junior loan
– Repayment is usually due upon sale, refinance, or payoff of the first mortgage