The California Housing Finance Authority (CalHFA) offers a variety of down payment and closing cost assistance programs to aid in home purchases and repairs for California residents. Informational materials for each of CalHFA’s programs can be found at the links below, or on their main website here:
- MyHome and CalPLUS with ZIP offer deferred-payment, low-interest loans for first time home buyers.
- Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) offers low-interest loans for veterans and those looking for rural homes.
- Disaster Victims 203(H) loans target victims of Presidentially declared major disasters.
- Minor Repairs or Remodeling loans offer small loans for new home owners.
CalHFA also identifies 5 Easy Steps to Buying Your First Home to aid new buyers in the homebuying process and help identify eligibility for loan programs.