State of california first time home buyer program

If any questions arise related to the information contained in the translated website, please refer to the English version. Purpose Enable low- and very low-income households to become or remain homeowners.

Assistance Type and Terms Grants to local public agencies and nonprofit developers to assist individual first-time homebuyers through deferred-payment loans for downpayment assistance, home rehabilitation, including manufactured homes not on permanent foundations, acquisition and rehabilitation, homebuyer counseling, self-help mortgage assistance, or technical assistance for self-help homeownership. Note: CalHome does not lend directly to individuals. Eligible Activities Predevelopment, site development, and site acquisition for development projects.

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Our opinions are our own. Here is a list of our partners and here's how we make money. The homebuying process can be daunting, not to mention expensive. You may also benefit from a national loan program that features low credit score or down payment requirements.

Explore all the options for buying your first home in the Golden State. Visit the Find a Loan Officer tab, to contact a loan officer in your area. What documents should I have ready when contacting a loan officer? When initially contacting a loan officer, you may want to have this list of documents and information available to help answer questions that they will ask you:.

Video: The Viramontes family finds a home, with the help of a great team. CalHFA Sacramento Headquarters Capitol Mall, Ste. Accessibility Certification. Am I eligible to apply for this program?

What is the interest rate? Interest rates will vary depending on your financial circumstances, lender fees, and other factors. Interest rates can also change daily. We recommend that you check with a CalHFA-approved loan officer to receive an accurate rate quote for this program. CalHFA does not lend money directly to consumers. CalHFA works through and uses approved lenders to qualify consumers and to make all mortgage loans.