Calaveras County
Welcome County of Calaveras Employees
Learn More about the "Assist-to-Own" Down Payment Assistance Program
Down payment is often the biggest hurdle for homebuyers in California, especially in rural areas! — We are here to help make your dreams of purchasing a home a reality with financial assistance to make homebuying easier and more affordable.
The “Assist-to-Own” Program, sponsored by Golden State Finance Authority, provides Down Payment and Closing Cost Assistance (DPA), up to 5.5% of the First Mortgage Loan amount. With the assistance, you may be able to purchase a home with little-to-no money out of pocket and maybe sooner than thought possible.
To be eligible, an individual must be employed BY the County of Calaveras (or any other GSFA Member County). However, the Program can be used to purchase or refinance a property anywhere in California, as long as it will be the employee's primary residence.
Program Highlights(1)
- Financial assistance up to 5.5% of the First Mortgage Loan amount
- Assistance can be used towards down payment and/or closing costs
- Homebuyer doesn't have to be a first-time homebuyer to qualify
- Perfect credit not required. FICO scores as low as 640 can qualify
- Single-family 1-4 unit residences, condominiums, townhomes and manufactured homes are eligible
- Flexible income limits (low-to-moderate income)
- Variety of Mortgage Loan options (FHA, VA, USDA and Conventional Mortgage Loans)
Recorded Webinar for County of Calaveras Employees
Calaveras County "Assist-to-Own" Program | October 6, 2022
Ready to Apply?
If you are a homebuyer interested in applying for any of the GSFA down payment assistance programs, reach out to one of the GSFA Participating Lenders. Our Lenders will explain program guidelines, provide interest rates and APRs, look into your finances and help you make the right decision for your specific situation and needs.
(1) The "Assist-to-Own" Program is part of the GSFA Platinum Program. Certain restrictions apply on all programs. See a GSFA Participating Lender for complete program guidelines, current interest rates, loan applications, applicable fees and annual percentage rates (APRs).
Cover photo by Kathy Syverson, Calaveras County.