GSFA Platinum Down Payment Assistance
Golden State Finance Authority
Repayable financing
Repayable — not free savings
A second-mortgage down-payment product through GSFA participating lenders. First-time buyer status is not required.
What you could receive
Second-mortgage assistance up to 5% of the first mortgage
Repayable financing. Repayable — not free savings.
Platinum Standard can provide up to 5% of the first-mortgage amount as a 15-year amortizing second. Select can combine a 3.5% second with a gift of up to 1.5% subject to market conditions. Maximum first mortgage published is $832,750. This is repayable financing.
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.