Conventional & Government
DPA — California
CalHFA MyHome Assistance
California Housing Finance Agency deferred-payment junior loan for down payment or closing costs, up to 3% of purchase price.
Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.
Ideal borrower
First-time California buyers meeting income and property limits.
Program highlights
- Up to 3% of purchase price
- Deferred-payment — no payment until sale/refi
- Pairs with FHA, VA, USDA, or conventional first mortgage
Typical uses
- First-time CA purchase assistance
Frequently asked questions
- Does CalHFA MyHome have to be paid back?
- Yes — MyHome is a second-lien loan, but it's DEFERRED. No monthly payment is required. The principal plus simple interest becomes due when you sell, refinance, or pay off the first mortgage. Much more favorable than a traditional second lien with monthly payments.
- What's the income limit for CalHFA MyHome in my county?
- Income limits vary by county. In 2026, LA County is approximately $275,000 household income for MyHome Conventional. Orange and San Diego are similar. Inland Empire counties (San Bernardino, Riverside) are lower. CalHFA's website has the official lookup tool, or I can check your specific scenario.
- Can I combine MyHome with FHA or conventional?
- Yes — CalHFA MyHome stacks on top of FHA (3.5% down), VA (0% down), USDA (0% down), or conventional (3–5% down). MyHome covers the down payment as a deferred second lien, so your out-of-pocket at close is typically closing costs only — often $5K–$10K total.
Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.