MyHome Assistance Program

State program

Review CalHFA lenders

at NerdWallet

Best for

Low income

Down payment assistance

Closing cost assistance

What you need to know

This is a deferred-payment subordinate loan that low- to moderate-income first-time home buyers in California can use to make a down payment or cover closing costs when taking a CalHFA mortgage loan. “Subordinate” means it doesn’t have to be paid until the home is sold, refinanced or paid off.