CalHOME First-Time Homebuyer Downpayment Assistance

California Housing Finance Agency

Available Down Payment

About This Program

Provides deferred-payment junior loans for down payment and closing cost assistance to first-time homebuyers in Covina. Loan is silent (no payments) and due upon sale, transfer, or refinance of the property.

Deferred loan with no monthly payments, due on sale

Key Details

  • Deferred loan up to $30,000
  • First-time homebuyers only
  • Income at or below 80% AMI
  • No monthly payments, due upon sale
  • Must complete homebuyer education

How to Apply

A grant-savvy contractor in Covina, CA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, check with participating lenders

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Covina, CA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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