CalHFA Zero Interest Program (ZIP) Down Payment Assistance

California Housing Finance Agency

Available Down Payment

About This Program

Zero-interest subordinate loan of up to 3.5% of the home purchase price for first-time homebuyers in Desert Hot Springs. The loan is silent (no monthly payment) for the first 30 years and must be used with a CalHFA first mortgage.

Zero-interest loan equal to 3.5% of home price; no monthly payment for 30 years

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Zero-interest loan up to 3.5% of sales price
  • No monthly payment for 30 years
  • First-time homebuyer requirement
  • Must be used with CalHFA first mortgage
  • Income and purchase price limits apply

How to Apply

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

Deadline: Ongoing program

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