CalHFA MyHome Assistance Program
California Housing Finance Agency
Repayable financing
Repayable — not free savings
A deferred junior loan for down payment and closing costs through a CalHFA-approved lender.
What you could receive
Deferred junior loan of about 3% to 3.5% of the purchase
Repayable financing. Repayable — not free savings.
MyHome is a deferred-payment junior loan. With an FHA first mortgage it can be the lesser of 3.5% of purchase price or appraised value; with a conventional first it can be the lesser of 3%. CalHFA is not a direct lender. County income limits apply and are not encoded here as a single number. This is repayable financing, not free savings.
Who may qualify
- These down-payment programs are for buyers who do not already own the home they are purchasing.
Location / service area
Statewide in California
Important requirements
Do not purchase before approval unless the program administrator confirms otherwise.
Timing / preapproval
Preapproval required
Last verified: Sep 6, 2026 · Confidence: High
Official sources
Eligibility is based on published program information and the details you provide. Program rules, funding and availability can change. Always confirm eligibility with the official program administrator.