How much is MyHome assistance?

Up to 3.5% of the purchase price or appraised value (whichever is less) on an FHA loan, or 3% on a conventional loan, toward down payment and/or closing costs.

Can I combine MyHome with other help?

MyHome pairs with a CalHFA first mortgage and, in some cases, other programs. We can review what you can layer given your loan type and income.

Down payment assistance

CalHFA MyHome Assistance Program — Down Payment Help

MyHome is CalHFA's deferred-payment assistance loan for first-time buyers. It provides up to 3.5% of the purchase price (with an FHA first mortgage) or 3% (with a conventional loan) toward your down payment and closing costs, paired with a CalHFA first mortgage.

Program administrator

California Housing Finance Agency (CalHFA)

Where it applies

Statewide (California)

Assistance

Up to 3–3.5%

Structure

Deferred second loan

How it works

MyHome is a 'silent second' — no monthly payments. The balance is repaid when you sell, refinance, transfer, or pay off the first mortgage. It's designed to be layered on top of a CalHFA FHA, conventional, VA, or USDA first loan.

Who qualifies

First-time homebuyer (no ownership in the past 3 years)
Income within CalHFA limits for your county
Minimum credit score and DTI per the first-mortgage program
Complete homebuyer education counseling
Owner-occupied primary residence

Frequently asked questions

How much is MyHome assistance?: Up to 3.5% of the purchase price or appraised value (whichever is less) on an FHA loan, or 3% on a conventional loan, toward down payment and/or closing costs.
Can I combine MyHome with other help?: MyHome pairs with a CalHFA first mortgage and, in some cases, other programs. We can review what you can layer given your loan type and income.

Other assistance programs

CalHFA Dream For All GSFA Platinum LA City LIPA LA County HOP

Program terms, dollar amounts, income limits, and funding availability change frequently and are set by the administering agency — not by USA Mortgage Solutions. This page is general information only, not a commitment to lend or a guarantee of eligibility. Confirm current details with a loan officer. Equal Housing Lender.