The following agencies provide Homeownership Education workshops to explain the basics of the home-buying process, including credit repair, realtors, down payment assistance, financial planning, title reports, escrow and home maintenance. WISH. The California Housing Finance Agency (CalHFA) MyHome Assistance Program provides down payment help for eligible buyers. My-Down Payment Assistance – loan Depot in Roseville CA is an Equal Housing Lender; Licensed by the Department of Business Oversight under the California … Assistance funds must be repaid when home is sold and the city takes 20% of your home’s appreciation in value (not good). That's why CalHFA offers several options for down payment and closing cost assistance. Down Payment Assistance in California. The California Firefighter Down Payment Assistance (CFDPA) program provides homebuyer assistance to eligible Firefighters and all fire department employees of the State, Federal, Local, or a Tribal fire department in California. Guess what…37% of the programs DO NOT require you be a first time home buyer! A recent study found that 70% of first time home buyers (and current home owners) in California are not aware that millions of dollars in down payment assistance or closing cost assistance programs go unused each year. Buyer Beware: Most lenders are not approved to offer a majority (or any) of the assistance programs you are likely eligible for. Until the markets find their new normal the situation is a fluid, day-to-day determination. Home Ownership Program (HOP) Available on a first come first serve basis. Eligible in all counties in California literally provides a grant to help you purchase a home. Borrowers cannot exceed 80% of the LA County area median income. The amount owed will decrease by 20% for each of the 5 years the borrower retains And though their down payment assistance is not hefty as the LIFT program, the state agency has higher assistance rates specifically for teachers, firefighters and veterans. Some homebuyers may be required to contribute more than 1% toward the down payment. CalHFA MyHome Assistance Program – The MyHome Assistance programs provides $10,000 or 3% to 3.5% of the sales price or appraised value, whichever is less in down payment and closing cost assistance to first time homebuyers in California. Eligible in all 58 counties in California and do not have to be first time homebuyers. But by offering a Riverside down payment assistance program via Zero Down California ™, many Riverside County residents can now make the transition from renter to owner with ease. California Down Payment Assistance Programs. CalPLUS is offered in both FHA and Conventional financing. Get great rates on an adjustable rate mortgage today – don’t miss these deals! Call My-Down Payment Assistance 800-807-5022 - Team Whigham service all of Northern California and Southern California! Northern California And Southern California Down Payment Assistance In California - CA Areas Serviced. Easily renew your real estate license with the FREE 45 hour online license renewal package from C.A.R. Down Payment Assistance products offered in California include, CalHFA, GSFA Platinum, Santa Cruz County Association of Realtors Housing Foundation (SCCARHF) Closing Costs Assistance Grant Program, City of Carpinteria Workforce Homebuyer Program, CHENOA Fund Program, and … Community Home Advantage Program (CHAP) – CHAP provides a reduced interest rate or closing cost credit for homebuyers and homeowners who want to purchase or refinance a home located in an eligible county and zip code of California. CalPLUS w/ ZIP EXTRA Homebuyer Assistance Program – CalPLUS w/ ZIP is CAlHFA’s premiere homebuyer assistance program that provides between 3% to 4.5% in down payment assistance, reduced mortgage insurance premiums. The money you put "down" or the down payment on your home loan can be one of the largest hurdles for many first-time homebuyers. Must earn no more than 80% of the Area Median Income. GSFA HFA Platinum Grant – Golden State Finance Authority offers 3% to 5% assistance in the form of a non-repayable grant to provide affordable financing to California residents. No one making $49,700/year in Riverside County can qualify for a home. Eligible buyer household income cannot exceed the 80% of the AMI and must contribute 3% of their own funds (cannot be from gift source). Always check with your lender (us) to find out if assistance funds are still available before making an offer on a home. Must be an eligible Veteran, Active Duty, Reserve, or National Guard first time buyer with low to moderate income. Some areas included are: Sacramento | Natomas | Rosemont | Galt | New Castle | La Riviera | Rancho Cordova | Cameron Park | Fabulous Forties | Florin | Foothill Farms | Orangevale | Rio Linda | Elverta | Citrus Heights | Folsom | El Dorado Hills | Carmichael | Roseville | Lincoln | Loomis | Lodi | Antelope | Auburn | Granite Bay| West Roseville | Sun City Lincoln | Sun City Roseville | Auburn | Penryn | Gold River | Land Park | East Sacramento | Elk Grove| Pocket Area | Davis | Woodland | Contra Costa County | San Francisco County | Antelope | San Diego County | Alameda County | Yuba City | Ione CA | Jackson CA | North Highlands | Los Angeles County| Orange County | Long Beach | Los Angeles County | Placer County | El Dorado County | Amador County | San Diego County | San Bernardino County | Orange County | Alameda County | Sacramento County and many more in the Northern California and Southern California area. 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