California · Deferred 0% loan

CalHFA MyHome

3.5% of purchase price as silent second

Deferred loan up to 3.5% of purchase price for down payment. No monthly payments.

CalHFA MyHome provides up to 3.5% of the purchase price as a deferred second mortgage with 0% interest and no monthly payments. The loan is repaid when you sell, refinance, or transfer the property. On a $600,000 California home, that's $21,000 in assistance — enough for the full FHA down payment.

Amount3.5% of purchase price as silent second

TypeDeferred 0% loan

Available inCalifornia

First-time buyer requiredYes

Minimum credit score660

Multi-unit eligibleSingle-family only

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All California programs →

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