← Back to results
CAdeferred loanactive
CalHFA MyHome Assistance
California Housing Finance Agency
Up to 3.5% of purchase price as deferred-payment junior loan
Overview
Deferred 3.5% second loan for California first-time buyers, pairs with CalHFA first mortgage.
Detailed requirements
First-time homebuyer. Use with CalHFA first mortgage. 3.5% of purchase price. Deferred-payment junior loan — no monthly payment, due on sale/refinance. Income limits vary by county. Homebuyer education required.
Eligibility at a glance
- First-time buyer required
- Yes
- Min credit score
- 660
- Owner-occupied required
- Yes
- Homebuyer education required
- Yes
Ready to apply?
A free grant specialist walks you through eligibility and the official application in one short call.
Last verified 2026-09-02. Updated weekly. Always confirm details on the official program page before applying.