(949) 408-7969 info@claviscapitalgroup.com 1820 E Garry Ave #203, Santa Ana, CA 92705
NMLS# 2343894
Down Payment Assistance

The Down Payment
Doesn't Have to
Stop You.

California has some of the most generous first-time buyer assistance programs in the country. CalHFA, Dream For All, MyHome — we're approved lenders for all of them and we'll match you to the right one.

Up to 20% down payment assistance available
Shared appreciation and deferred payment options
Combinable with FHA, conventional, and VA loans
Income limits vary by county — many buyers qualify
We handle the program stacking and paperwork

See Which Programs You Qualify For

Takes 60 seconds · No obligation

By submitting, you agree to be contacted by Clavis Capital Group. NMLS# 2343894.

Available Down Payment Assistance

These are the primary programs we originate. Availability, income limits, and funding vary — some programs open and close based on state funding. Contact us to check current availability.

CalHFA

MyHome Assistance

A deferred-payment junior loan for down payment and/or closing costs. Simple structure — no appreciation share, just a silent second that's repaid when you sell, refinance, or pay off the first mortgage.

Assistance amountUp to 3.5% of purchase price
RepaymentDeferred — due at sale/refi
Interest rateSimple interest, low rate
Appreciation shareNone
First-time buyer requiredYes
Stackable with FHA and conventional first mortgages. Often used to cover the FHA 3.5% down payment entirely.
CalHFA

CalHFA Zero Interest (ZIP)

A zero-interest deferred loan specifically for closing costs on CalHFA first mortgages. Eliminates the out-of-pocket closing cost barrier entirely when combined with MyHome or Dream For All.

Assistance amountUp to 3% of loan amount
RepaymentDeferred — due at sale/refi
Interest rate0%
PurposeClosing costs only
StackableYes — with MyHome / Dream For All
When stacked with MyHome, buyers can sometimes purchase with as little as $0 out of pocket on qualifying transactions.

How DPA Programs Work

CalHFA programs layer on top of a standard first mortgage. The process is more involved than a conventional loan — but we handle the complexity.

1

Eligibility Check

We review your income, household size, county, and credit profile to identify which programs you qualify for — and how much assistance you can receive.

2

Homebuyer Education

CalHFA requires a HUD-approved homebuyer education course before closing. We'll direct you to the right course — most can be completed online in a few hours.

3

First Mortgage + DPA Loan

We structure your first mortgage (FHA or conventional) alongside the DPA second loan. Both are underwritten together and close simultaneously.

4

Close & Move In

Both loans close at the same time. Your DPA funds are applied at closing — you move in with dramatically less cash out of pocket.

CalHFA Eligibility Requirements

Most CalHFA programs share a common set of eligibility requirements. Meeting these is the starting point — individual programs may have additional criteria.

🏠

First-Time Homebuyer You must not have owned or had ownership interest in a home in the past 3 years. Exceptions exist for some programs.

📍

California Property The home must be located in California and will be your primary residence. Investment properties and second homes are not eligible.

💰

Income Limits Income limits vary by county and household size. Orange County limits are higher than inland counties. Many buyers earning $150K–$200K still qualify depending on family size.

📊

Credit Score Minimum 660 FICO for most CalHFA programs. Some programs require 680. A higher score helps with the first mortgage rate.

🎓

Homebuyer Education At least one borrower must complete a HUD-approved homebuyer education course before closing. Certificate required at closing.

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Purchase Price Limits CalHFA has maximum purchase price limits by county. In Orange County, limits are typically $1M+. We'll confirm the current limit for your target area.

2024 Income Limits

Sample income limits for select CA counties (approximate). Limits increase with household size.

County 1–2 Person 3+ Person
Orange County $228,000 $266,000
Los Angeles $195,000 $228,000
San Diego $195,000 $228,000
San Bernardino $150,000 $175,000
Riverside $150,000 $175,000
Sacramento $148,000 $172,000

Limits are approximate and subject to change. Contact us for current program-specific limits for your county and household size.

Check If I Qualify →

CalHFA & DPA FAQ

Not exactly free — but still very valuable. Dream For All gives you up to 20% of the purchase price at 0% interest with no monthly payment. In exchange, when you sell or refinance, you repay the original loan amount plus a percentage of the home's appreciation (typically 15–20%). If your home appreciates significantly, the state shares in that upside. For most first-time buyers, the tradeoff is worth it — you get into a home years earlier than you otherwise could, and you still benefit from the majority of the appreciation.
Yes — program stacking is one of the most powerful tools in CalHFA. For example, you can use a CalHFA FHA first mortgage + MyHome for down payment + ZIP for closing costs. Done correctly, this structure can allow a buyer to close with very little cash out of pocket. Not all combinations are allowed, and the rules change periodically — we'll map out exactly which combination works for your situation.
CalHFA sets the interest rate on their first mortgage products — it's typically slightly above market rate to fund the assistance programs. The rate is usually 0.25% to 0.75% higher than a comparable conventional loan. For most buyers, the tradeoff is clear: a slightly higher rate is far less impactful than having to save another $30,000–$60,000 for a down payment before you can buy.
CalHFA loans typically take 30–45 days to close, slightly longer than a standard conventional loan. The additional time accounts for CalHFA's review and approval of the second loan alongside the first mortgage underwriting. We plan for this upfront when writing offers — your agent should know the timeline so seller expectations are set correctly from the start.
Dream For All funding is released in rounds and often exhausted within days. The best approach is to get pre-approved now so you're ready to move the moment a new round opens. We maintain a waitlist for clients specifically interested in Dream For All — submit the form above and we'll add you and reach out the moment new funding is announced.

Don't Wait to Save a Down Payment You May Not Need

California has programs that can cover your entire down payment. Let us check your eligibility and tell you exactly how much you can receive.

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