Are you a first-time homebuyer interested in down payment assistance?
You have come to the right place. Here are some programs available from CalHFA and our other Down Payment Assistance program Partners
Shared Appreciation Loan
  • Now Accepting Applications for Pre-Approvals
  • Click the image for detailed guidelines and application info
  • Maximum shared appreciation loan amount is $150,000 or 20% of the sales price or appraised value, whichever is less
  • On January 18th, 2024 CalHFA finalized the program guidelines for Round 2 of the Dream for All Shared Appreciation Loan. Applicants will need to complete a pre-registration application through the Dream for All CalHFA portal, once it is live. Currently the targeted launch date is in April 2024
  • As part of the pre-registration, applicants will need to upload a Pre-Approval Letter from a CalHFA approved lender. Qualified applicants will then be randomly selected to receive a voucher for the program, once the portal is closed
  • More details about the pre-registration system to follow soon however, with the full program guidelines available, we are now able to review candidates for eligibility & qualification and issue pre-approvals while we wait for the pre-registration system to open up
3% - 3.5% Down Payment Assistance
  • Provides assistance to cover the minimum down payment requirement for first-time homebuyers
  • Can be used to cover closing costs as well
  • No monthly payment for the down payment assistance
  • No equity sharing. Program charges 1% simple interest per annum due at an exit event (refinance, sale, end of loan term) – Ask us how this works!
2% - 3% Closing Cost Assistance
  • Closing cost assistance only
  • Can be combined with MyHome Assistance program for both down payment and closing cost assistance
Other Down Payment Assistance Programs
  • Down Payment and/or Closing Cost assistance ranging from 3.5 – 5%
  • No first time homebuyer requirement
  • Add non-occupant co-borrower to qualify
  • Multifamily (2-4 Unit) properties are eligible for assistance
No Mortgage Insurance
  • Borrower contribution as low as 1% for 1 unit and 5% for 2 unit​
  • 1-2 Unit Properties​
  • No mortgage insurance​
  • Purchase only​
  • 640+ Credit Score​
  • Owner Occupied Only​
  • Loan Below County Conforming Loan Limit​
  • Income Limits Apply​

Find Out How Much You Can Afford

Our affordability calculator allows you to find your payment sweet spot based on your income, down payment, and loan scenarios.

You have questions, we have answers.

Together, we’ll find great mortgage solutions.
Schedule a talk with a loan advisor or leave a message. We’ll get back within one business day.

You can rest assured knowing that you’re in capable hands. We will guide you through each step of the process.

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Copyright ©2024 Shining Star Funding A division of American Pacific Mortgage Corporation | NMLS ID # 1850 ( | 6101 Bollinger Canyon Rd #344, San Ramon, CA 94583 Phone (925) 820-2981 | Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.

Interactive calculators are self-help tools. Results received from this calculator are designed for comparative and illustrative purposes only, and accuracy is not guaranteed. Shining Star Funding is not responsible for any errors, omissions, or misrepresentations. This calculator does not have the ability to pre-qualify you for any loan program or promotion. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Shining Star Funding does not guarantee any of the information obtained by this calculator.

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