Deferred-payment junior loan of up to the lesser of 3% of the sales price or appraised value on conventional first mortgages, and up to 3.5% on CalHFA FHA first mortgages.

Paired with: Conventional (CalHFA), FHA, USDA

• First-time homebuyer: Required
• Primary residence only
• Income: Household income must fall within CalHFA county-level income limits.
• Homebuyer education required

Junior lien is deferred until sale, refinance, or payoff of the first mortgage. Must be combined with a CalHFA first mortgage.

Source: www.calhfa.ca.gov

Zero-interest deferred loan for closing costs only, used with the CalPLUS conventional or CalPLUS FHA first mortgages.

Paired with: Conventional (CalPLUS), FHA (CalPLUS)

• First-time homebuyer: Required
• Primary residence only
• Homebuyer education required

Can stack with MyHome for combined down payment and closing cost coverage.

Source: www.calhfa.ca.gov

Up to 2.5% of the total loan amount for down payment and/or closing costs, as a deferred-payment loan at 1.00% simple interest.

Paired with: Conventional (CalPLUS Access), FHA (CalPLUS Access)

• First-time homebuyer: Required
• Primary residence only
• Income: Household income must fall within CalHFA county-level income limits.
• Homebuyer education required

All borrowers must be first-time homebuyers. Must be combined with MyHome and sits in third lien position behind it.

Source: www.calhfa.ca.gov

Shared-appreciation junior loan of up to 20% of the purchase price, capped at $150,000, for down payment or closing costs. Borrower repays the original amount plus a share of appreciation (20%, or 15% at or below 80% AMI) at sale, transfer, or payoff.

Paired with: Conventional

• First-time homebuyer: Required
• Primary residence only
• Homebuyer education required

At least one borrower must be a first-generation homebuyer and a current California resident. The 2026 application window closed March 16, 2026; vouchers are issued by randomized drawing, with waitlisted registrants notified as vouchers open. Confirm current availability with CalHFA.

Source: www.calhfa.ca.gov

Silent second loan up to $161,000 for down payment, closing costs, and acquisition, at 0% interest with no monthly payments.

Principal plus shared appreciation is due at sale, transfer, first mortgage repayment, or at the 30-year term. First-time buyers at or below 80% AMI; minimum middle FICO 660; at least 1% of the price from own funds; 8-hour homebuyer education. Loan reservations are limited and released in rounds.

Source: housing.lacity.gov

Up to $100,000 or 20% of the purchase price, whichever is less, as a 0% interest deferred second with shared-appreciation repayment. Offered as HOP80 (max price $700,000) and HOP150 (max price $850,000).

Source: www.lacda.org