CalPLUS Conventional with ZIP
Housing Program
CalPLUS Conventional with ZIP
Program description
Provides a conventional fixed-rate first mortgage with the CalHFA Zero Interest Program (ZIP) to help eligible California homebuyers cover closing costs.
Maximum assistance
Up to 3% of the first mortgage amount through the CalHFA Zero Interest Program (ZIP).
Repayment
Yes
Program categories
Assistance Type
Property Type
Organization
Important considerations
First Mortgage: Fixed rate
ZIP Loan: 0% interest
Includes the CalHFA Zero Interest Program (ZIP), which provides up to 3% of the first mortgage amount for eligible closing costs. The ZIP loan carries no monthly payments and no interest until repayment is due.
Eligibility & program information
Status
Active
State
California
Coverage Type
State Wide
Resources
CalPLUS Conventional with ZIP
Eligibility Requirements
Occupy the property as a primary residence; non-occupant co-borrowers are not allowed.,"Meet CalHFA income limits for this program, each county is different, review official amounts
*In the case of conflicting guidelines, the lender must follow the more restrictive.",CalHFA borrowers must complete homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.
*In the case of conflicting guidelines, the lender must follow the more restrictive.",CalHFA borrowers must complete homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.
Rank Math Internal Links Processed
1
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.