How Mortgage Relief Functions for You

11. General Provisions. (a) Nothing in this order will be construed to hinder or otherwise impact: (i) the authority approved by law to an executive department or firm, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative propositions.

(c) This order is not intended to, and does not, produce any right or advantage, substantive or procedural, enforceable at law or in equity by any celebration versus the United States, its departments, companies, or entities, its officers, staff members, or agents, or any other individual. (d) The expenses for publication of this order will be borne by the Department of the Treasury.

TRUMP THE WHITE HOUSE, March 13, 2026.

CalHFA provides California novice purchasers 4 working help programs in 2026: MyHome (as much as 3.5% of the cost for deposit or closing expenses), ZIP (2% to 3% in zero-interest closing expense aid), MyAccess (a 2.5% delayed loan), and Dream For All (as much as 20% of the rate, capped at $150,000, for first-generation buyers).

apfsc.org

The catch is eligibility: your qualifying income should clear your county's 2026 limitation, one debtor needs a homebuyer education certificate, and MyHome and Dream For All both require first-time buyer status. Dream For All is closed as of July 2026, while MyHome and ZIP remain open year-round. This page lays out each program with the 2026 numbers, pulled from the agency's published limits and lending institution matrices.

Reviewing Assistance vs Short Sale Prevention

Absolutely nothing sours a buyer quicker than reading about last year's program that stopped taking applications. We'll check your income against the existing 2026 table and inform you which state programs your file in fact supports, at no expense.

Here is how they line up. ProgramWhat it coversAmountInterestKey requirementDown payment or closing costs3.5% (FHA), 3% (traditional, VA, USDA)Simple interest, deferredFirst-time buyer; any CalHFA initially mortgageClosing expenses only2% or 3% of the first mortgageZero interestCalPLUS initially mortgageDown payment or closing costs2.5% of the loan amountDeferredCalPLUS Access initially, coupled with MyHomeDown payment or closing costsUp to 20% of cost, max $150,000 Shared appreciationFirst-generation and first-time buyer; window-basedEvery row is a deferred junior loan.

The rest of this page strolls every one in information. CalHFA is the California Real Estate Financing Company, and it has actually financed homes given that 1975. It is self-supporting instead of taxpayer-funded. The firm sells bonds and lends the earnings. That funding design is why its core programs stay open year after year while grant-funded programs come and go.

The agency never lends to you directly. A CalHFA-approved private loan provider comes from the loan, through loan officers the state has trained. The loan officer matters.

Available State Assistance Programs to Help Homeowners

No application season, no lottery, no race versus a financing pool that empties mid-year. That reliability pays off when you plan months ahead. Dream For All is the exception, and we cover its window-based reality below. MyHome is a deferred-payment junior loan, the company's own term for a 2nd home mortgage without any regular monthly payments.

On standard, VA, and USDA loans the cap is 3%. The statewide median home ran approximately $930,000 in May 2026, per the California Association of Realtors. Versus that rate the FHA variation is worth more than $30,000 of assistance. One correction, since a lot of pages get this incorrect and an older variation of this one did too.

The program handbook defines it as a simple-interest loan. ZIP is the genuinely zero-interest program. MyHome sits in second lien position behind your first mortgage.

Strategies to Stop Foreclosure in 2026

Buyers who desire help that forgives rather of postponing need to compare the Elite Grant, which forgives in as little as 6 to 36 months on certifying FHA files. Lenders call these "quiet seconds" because the junior loan makes no month-to-month need on your budget plan. Your real estate expense is just the first mortgage, taxes, and insurance.

For the majority of buyers that beats draining pipes savings at closing. The deferred balance grows gradually, and California equity has traditionally grown much faster, though no one can assure that pattern for any given year or area. ZIP stands for Absolutely no Interest Program. It is closing expense support in its purest kind. The loan equates to 2% or 3% of your first home loan, and it charges no interest.