California Housing Finance Agency CalHFA MyHome Assistance

California Housing Finance Agency

Available Down Payment

About This Program

Down payment assistance program for first-time homebuyers in Merced County. Provides deferred-payment junior loan for down payment and closing costs when used with a CalHFA first mortgage.

Assistance is 3.5% of purchase price up to $15,000, deferred payment loan

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

Key Details

  • Down payment assistance up to 3.5% of purchase price
  • Maximum $15,000 for first-time homebuyers
  • Must be used with CalHFA first mortgage
  • Deferred payment loan, no monthly payment
  • Income limits apply based on county

How to Apply

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

Deadline: Ongoing, subject to funding availability

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