*IMPORTANT UPDATE* 

- May 20, 2026 -

​

CalHFA Dream for All Vouchers have been released! Please check your email inbox for a notification from CalHFA or view your updated status on the CalHFA Portal. 

​

If you were selected and have a voucher, please connect with us ASAP to get an updated preapproval letter to start shopping for homes. 

​

If you were waitlisted or not selected, we recommend connecting with us to review your current options with CalHFA or other assistance programs and strategize next steps. 

​

The CalHFA MyHome, MyAccess, ZIP, and PLUS programs are still available for new applicants. 

​

Program Highlights:

​​

• Borrower receives 20% or $150,000 (whichever is less) in down payment assistance from CalHFA

• Assistance can be used for down payment and/or closing costs:

  • ​Example 1: 20% for down payment, no assistance for closing costs

  • Example 2: 17% for down payment + 3% for closing costs = 20% in total assistance​

• 1:1 growth in equity share with CalHFA applies on the property

  • Example 1: 20% in assistance received = 20% equity share

  • Example 2: 10% in assistance received = 10% equity share

  • Low income clients can access 15% equity share 

• Assistance funds must be repaid in the future when the home is sold, refinanced, or at the end of your 30-year loan term

  • There is a one-time exception to refinance without triggering repayment​

• Maximum additional down payment contribution from the borrower is 5%

• Interest rates for the program are set by CalHFA and change daily (rates for the DFA will not be published until the program is available)

• 2-1, 1-1, and 1-0 temporary rate buydowns are permitted

 

​

Eligibility:

​​

• Borrower(s) must be a first-time homebuyer (not owned a home in the past 3 years)​

• At least one applicant must be a California resident

• At least one borrower must be a First-Generational Homebuyer

  • Cannot have owned or been on title on a home in the past 7 years​

  • To the best of the homebuyer's knowledge whose parents do not have ownership interest in a home in the United States

• Borrower(s) gross income must be below the limit for the county the home is purchased in: 2025/2026 CalHFA Dream for All Income Limits

• Maximum DTI (debt-to-income ratio) is 45-50% 

• Minimum credit score of 660-680​

• Conventional only (no FHA options)

​

​

Example Loan Scenarios: