CalHFA (California Housing Finance Agency) understands that buying your first home is a huge responsibility; it is also a huge opportunity. Owning your home means you can paint the walls with your favorite color, plant flowers and vegetables if you choose and plant the seed for an investment in your future.

Of course, before you leap into all of the benefits of homeownership, you should get prepared first. To help you get ready and get the most out of CalHFA’s loan programs and assistance, follow these easy steps.

Frequently asked questions

Do I qualify for CalHFA programs?
To determine your eligibility, you can review the information provided under the Borrower & Property eligibility on the CalHFA website.

What is the Credit Score requirement?
Credit score requirements will vary for each program, but the minimum score is between 660 and 680, depending on some other factors. One of our agents can assess your financial situation and tell you what score you’ll need to qualify.

What programs are available?
CalHFA offers a variety of first mortgage and down payment assistance programs. You can find details on all of these programs under the Loan Programs on the CalHFA website.

What is the interest rate?
Interest rates will vary depending on your financial circumstances, lender fees, and other factors. Interest rates can also change daily. We recommend that you check with one of our loan officers to receive an accurate rate quote.

What are the income limits?
Income limits vary according to program and the county in which the property is being purchased. It's best to review the individual Program Descriptions to determine the income limit in your area. You can find the details for income limits in the borrower requirements section of each Program Description.

Does CalHFA have sales price limits for the home I want to buy?
No, CalHFA does not have sales price limits.