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You're not quite ready yet!

Based on your input in the form it looks like you're not ready at this moment to apply for down payment assistance through the CalHFA program. As a quick reminder you currently need a credit score of 660 or more and need to have approximately $5,000-$7,000 in funds available for closing costs. If you believe you've reached this message in error please call or text me directly at 209-233-0121. You can also email us at

Down Payment Assistance

Down Payment

Fixed Rate

Mortgage Insurance

Minimum Credit Score: 660

Best for people with incomes below $139,000* per year who want to buy but are having trouble saving up a downpayment.
*Income maximums depend on the county the property is located in.


Frequently Asked Questions


Pros and Cons


Down payment assistance programs take several forms. They can be sponsored by governments, non-profits, or religious institutions. California has an excellent state-wide down payment assistance program that works anywhere in the state. The state funded agency that offers this assistance through lenders like us is called CalHFA.

  • Less or No Down Payment
  • Some programs help with closing costs also
  • Buy a home now instead of waiting for when prices are higher
  • Avoid increasing rents by owning sooner


Down Payment Assistance programs are not without their downfalls. There is "no free lunch" as they say. Below is a list of reasons why a California down payment assistance loan may not be right for you if you already have or can quickly save enough for your own cash to close.

  • Often higher rates
  • Debt-to-income ratio limited
  • Maximum limits on income to qualify

Bottom Line Image

The Bottom Line

If it's going to take you more than 1 year to save up for your down payment and closing costs then you may be better off utilizing a down payment program to secure your home and start realizing the benefits of home ownership

Ready to Apply for a Down Payment Assistance Program?