Down Payment Assistance Loans

No Downpayment? No Problem!

We are proud to offer several down payment assistance programs in CA that can help cover your down payment and closings costs!  Here are couple programs we have available:

CalHFA Calplus w/ZIP can offer up to 7.5% towards your down payment and closing costs

Can be used with a conventional or FHA loan

640 minimum credit score

Must be a first time homebuyer (no ownership in the past 3 years)

2nd and 3rd liens will be on title and will be paid once the house is sold

Income limit in Sacramento county is $150,650

Typically a higher interest rate and fees

Debt to income ratio is capped at 45%

Conventional 1% down

2% free grant – loan requires 3% down and the lender will grant 2%

Income limits are vary depending on the location of the property

Do not have to be a first time homebuyer

620 minimum credit score but typically works better with credit scores 700+