CalHFA MyHome Assistance Program
Housing Program
CalHFA MyHome Assistance Program
Program description
Deferred-payment junior loan that helps eligible first-time homebuyers cover down payment and closing costs when combined with a CalHFA first mortgage.
Maximum assistance
Up to 3.5% for FHA loans or 3% for Conventional loans, based on the lesser of purchase price or appraised value
Repayment
Yes
Program categories
Assistance Type
Property Type
Organization
Important considerations
This is a deferred-payment junior loan, not a grant. Program terms, income limits, credit requirements, and eligible first mortgage options apply.
Eligibility & program information
Rank Math Internal Links Processed
1
Status
Active
Additional Info
Apply through a CalHFA-approved lender.
State
California
Coverage Type
State Wide
Resources
CalHFA MyHome Assistance Program Official Website,CalHFA Homebuyer Education
Eligibility Requirements
Must be a first-time homebuyer; occupy the property as a primary residence; non-occupant co-borrowers are not allowed; complete approved homebuyer education and counseling; meet CalHFA program income and borrower requirements; use an eligible CalHFA first mortgage.
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.