Buying your first home in California can feel like a big leap—but with the right resources and guidance, it’s absolutely achievable. First-time homebuyers can take advantage of a wide range of assistance programs, including grants, down payment help, and 100% financing options.

With expert support from Nichole Goade, an experienced California loan officer, you can confidently navigate the process and secure the financing that’s right for you.

Step 1: Get Pre-Approved and Know Your Budget

Understanding how much you can afford is the first step. Nichole Goade will help you get pre-approved and walk you through loan programs, estimated monthly payments, and qualification requirements based on your income, credit score, and location.

Step 2: Explore CalHFA First-Time Homebuyer Programs

The California Housing Finance Agency (CalHFA) offers powerful tools to help first-time buyers, including:

MyHome Assistance Program – Up to 3.5% of the purchase price available for down payment or closing costs.
ZIP (Zero Interest Program) – A 0% interest loan to help cover closing costs when used with a CalHFA mortgage.
Forgivable Equity Builder Loan – Offers up to 10% of the home’s price, fully forgiven after five years of owner occupancy.

These programs are income- and credit-based and are designed to lower the upfront costs of buying a home.

Step 3: Leverage GSFA Down Payment Assistance & Grants

Another powerful option in California is the Golden State Finance Authority (GSFA). This program is available in many counties and offers:

GSFA Platinum Program – Provides up to 5% in down payment or closing cost assistance. Some options are forgivable after three years.
GSFA OpenDoors – Offers even more flexible assistance amounts and income limits for qualified buyers.
Potential grants and forgivable loans through GSFA programs make it possible for many Californians to buy with very little out of pocket.

Step 4: Understand 100% Financing Options

If you’re looking to avoid a down payment altogether, there are loan programs that offer 100% financing, such as:

USDA Loans – Available in eligible rural areas throughout California. These loans offer zero down and affordable fixed rates.
VA Loans – For eligible veterans, active-duty service members, and military families. No down payment or mortgage insurance required.

Note: The Section 184 Indian Home Loan is a fantastic option for Native American borrowers but does require a low down payment (as little as 1.25%) and offers flexible underwriting—not full 100% financing.

Step 5: Work With Nichole Goade, Your Trusted California Loan Officer

As a loan officer with years of experience in California lending programs, Nichole Goade specializes in helping first-time buyers understand their options, maximize financial assistance, and make informed decisions. Whether you’re applying for CalHFA, GSFA, or USDA/VA loans, Nichole is here to support you every step of the way.

California offers a variety of first-time homebuyer programs that can make owning your first home more affordable than you think. With the right loan officer by your side—Nichole Goade—you’ll have expert guidance in accessing grants, down payment assistance, and 100% financing where available.

Let’s get you into your first home. Contact Nichole today to explore your options.

Resources

How to Buy Your First Home in California: 100% Financing, Grants, and Down Payment Assistance for First-Time Buyers