Down Payment and Closing Cost

Down Payment and Closing Cost Assistance

2 Programs to choose from

MyHome Only

MyHome (3.5 DPA)
  • 3.5% if the lesser of sales price or appraised value
  • Down Payment, Closing cost & or Prepaid items
  • Deferred payment junior loan (No DTI Payment)
  • Repayable
  • Low Simple Interest Rate
MyHome with Zip


ZIP (2% or 3% DPA)
  • 2% or 3% of the 1st mortgage loan amount
  • Closing Cost and Prepaid Items only
  • Deferred payment (No DTI Payment)
  • 0% Interest Junior Loan
  • Repayable
  • Low Simple Interest Rate
CalHFA & CalHFA Plus Highlights:
  • 640 Credit Score
  • 660 Credit Score for Manufactured Homes
  • 45% DTI Max
  • 1 Unit Only
  • Conforming & High Balance
  • Loan Amounts
  • FHA & Conventional
  • First Time Home Buyer Only
  • Homebuyer's Counseling Required
  • Manual UW on FHA only
  • Non-Occupant Co-Borrowers NOT Allowed

Take the first step toward HOME... 
 Simple, Safe & Secure 

Apply Online Today!
*Additional conditions/exclusions may apply.
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