DOWN PAYMENT ASSISTANCE LOANS
Down Payment Assistance Programs
Make homeownership affordable with California's best down payment assistance programs. From forgivable grants to tax credits, we'll help you access thousands in assistance to reduce or eliminate your down payment and closing costs.
California Down Payment Assistance
Access grants, forgivable loans, and tax credits to make your home purchase affordable. These programs can provide thousands in assistance with minimal requirements.
ELITE GRANT
Forgivable in 6 Months
CALHFA PROGRAMS
State DPA Options
LOCAL DPA
City & County Grants
MCC TAX CREDIT
Annual Tax Savings
Overwhelmed by All These Loan Options?
Let our experts guide you to the perfect down payment assistance program for your situation
DPA Program Questions
Understanding down payment assistance programs in California
What DPA programs are available?
California offers Elite Grant (3.5% down for FHA, forgivable after 6 months), CalHFA programs (second mortgages forgivable after 10 years), local city and county grants, and Mortgage Credit Certificates that provide income tax credits.
How does Elite Grant work?
The Elite Grant provides 3.5% of the purchase price for your FHA down payment and is completely forgivable after just 6 months of on-time mortgage payments. Perfect for first-time buyers with good credit but limited savings.
What are CalHFA options?
CalHFA offers MyHome Assistance (up to 3.5% for down payment/closing costs), School Teacher and Employee Assistance Program (STEAP), and Zero Interest Program (ZIP). Most CalHFA second mortgages are forgivable after 10 years.
Can I combine multiple programs?
Often yes! You can combine programs like using CalHFA with a Mortgage Credit Certificate, or pairing local grants with state programs. Some programs cannot be stacked. We'll help identify the best combination for maximum benefit.
Get Your Down Payment Covered
Stop waiting to save for a down payment. With California's assistance programs, you could be in your new home sooner than you think. Let us help you access every dollar available.