First-Time Home Buyer Programs in California
A 2026 guide to first-time home buyer help in California: CalHFA down payment assistance, low-down-payment loans, Mortgage Credit Certificates, and local programs.
Buying Your First Home in California
California is one of the most expensive states to buy in — but it also has some of the most robust assistance programs in the country. If you know where to look, help with your down payment and closing costs may be within reach.
CalHFA — The State's Main Resource
The California Housing Finance Agency (CalHFA) is the starting point for most first-time buyers. Its offerings typically include below-market-rate first mortgages, down payment and closing-cost assistance in the form of deferred or forgivable second loans, and Mortgage Credit Certificates that convert part of your mortgage interest into a federal tax credit. Programs change and funding cycles open and close, so current availability should be confirmed with a CalHFA-approved lender.
Loan Types That Lower the Barrier
- FHA loans — 3.5% down with flexible credit requirements.
- Conventional 97 — as little as 3% down for qualified buyers.
- VA loans — 0% down for eligible veterans and service members.
- USDA loans — 0% down in designated rural areas of California.
City and County Programs
Beyond the state, many California cities and counties run their own down payment assistance and first-time buyer programs, often targeting specific neighborhoods or income bands. These stack with CalHFA in many cases.
Steps to Get Started
- Check your credit and get pre-qualified so you know your budget.
- Complete a HUD-approved homebuyer education course (required for most assistance programs).
- Work with a lender who is approved for CalHFA and local programs.
- Partner with an Avonya agent who knows how assistance programs affect offers and timelines.
Frequently Asked Questions
What help is available for first-time buyers in California?
California offers programs through CalHFA, including down payment assistance loans, below-market first mortgages, and mortgage credit certificates. Many cities and counties add their own assistance. Eligibility is based on income limits, purchase price limits, and homebuyer education.
How much down payment do I need in California?
It varies by loan. FHA loans allow as little as 3.5% down, conventional loans can go as low as 3%, and VA and USDA loans can be 0% down for those who qualify. CalHFA assistance can help cover part or all of the down payment and closing costs.
Do I have to be a first-time buyer to get assistance?
Not always. Many programs define 'first-time buyer' as someone who has not owned a home in the past three years, and some assistance programs have no first-time requirement at all. Ask your lender which programs you qualify for.
Ready to Take the Next Step?
Whether you're buying, selling, or just exploring your options, our expert Avonya agents are here to help you make the smartest move in California real estate.