Offers a deferred-payment junior loan of an amount up to three percent (3%) of the purchase price or appraised value, whichever is less. CalHFA's down payment assistance program is designed to assist first-time homebuyers purchase their first home with as little as 1% down.
Since CalHFA is not a direct lender, these mortgage products are offered through private loan officers who have been approved & trained by the Agency. These loan officers can help you find out more about CalHFAâ€™s programs and guide you through the process and let you know what is going on.
To find and then to contact a loan officer in your area.