California Housing Finance Agency (CalHFA) MyHome Assistance Program

Maximum Amount

3.5% of Purchase Price

Benefits

  • Deferred, low interest rate loan that can be used for down payment assistance and closing costs.
  • Can be combined with an MCC, however, MCC cannot be used to credit qualify.
  • Borrowers who own or have owned rental properties may be a first-time homebuy they can document that they have not occupied any of the rental properties as the principal residence at any time within the past three years.

Participating Lenders

Preferred Loan Officer list: https://www.calhfa.ca.gov/apps/PLO/
https://www.calhfa.ca.gov/homebuyer/lenders.htm
How to Become a Participating Lender:
https://www.calhfa.ca.gov/homeownership/directlenders.htm

Approved Education Providers

  • Homebuyer education and counseling is required for one occupying first-time homebuyer.
  • Certificates are good for one-year.
  • In-Person or Virtual Homebuyer Education through NeighborWorks America or through one of the HUD approved Housing Counseling Agencies
    https://www.calhfa.ca.gov/homebuyer/borrower.htm#education

Program Provider Contact

Single Family Lending
p: 916.326.8033
sflending@calhfa.ca.gov

Customer Service / Loan Production /Lender Training
p: 916.326.8033
lendertraining@calhfa.ca.gov

Secondary Marketing
p: 916.326.8824
ratelocks@calhfa.ca.gov

Mortgage Access System (MAS)
massupport@calhfa.ca.gov

Find Out More