CalHFA MyHome Assistance Program

About This Program

The CalHFA MyHome Assistance Program provides a deferred-payment junior loan for down payment or closing cost assistance of up to 3.5% of the purchase price for first-time homebuyers using a CalHFA first mortgage. The loan is due upon sale, refinance, or payoff of the first mortgage. Income limits apply and vary by county; in San Diego, the limit is set relative to San Diego Area Median Income.

Must be first-time homebuyer; must use a CalHFA first mortgage product; income limits apply (see CalHFA AMI limits for San Diego); loan deferred until sale/refinance; complete homebuyer education

Key Details

• Down payment/closing cost help: up to 3.5% of home purchase price
• Deferred junior loan — no payments until sale, refinance, or payoff
• Must use CalHFA first mortgage; first-time buyer only
• Income limits apply — check San Diego AMI limits at calhfa.ca.gov
• Complete homebuyer education course before applying

How to Apply

Deadline: Rolling — must be used with CalHFA first mortgage