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KNB Capital · Loan Programs
Down Payment
Assistance
California has some of the most generous first-time homebuyer programs in the country. Find out how much free money you’re leaving on the table.
The Basics
What Is Down Payment Assistance?
Down Payment Assistance (DPA) programs provide grants, deferred loans, or forgivable loans to help homebuyers cover down payment and closing costs. California’s CalHFA (California Housing Finance Agency) administers several programs that can cover 3.5–20% of a home’s purchase price.
DPA programs layer on top of your primary mortgage (FHA, USDA, or conventional), reducing — and sometimes eliminating — your out-of-pocket costs at closing. Income and purchase price limits apply, but many first-time buyers in Ventura County qualify without realizing it.
Do You Qualify?
Down Payment Assistance Programs
MyHome Assistance
CalHFA’s standard DPA program provides a deferred-payment junior loan of up to 3.5% of the purchase price for down payment or closing costs. No payment until you sell, refinance, or pay off the first mortgage.
Dream For All
CalHFA’s shared appreciation program provides up to 20% of the purchase price. In exchange, CalHFA receives 20% of any appreciation when you sell or refinance. Funds are limited and open periodically.
Income Limits
Ventura County income limits for most CalHFA programs are approximately $209,000 for most households (subject to annual updates). Many first-time buyers qualify.
First-Time Buyer Req.
Most programs require that you haven’t owned a home in the past 3 years. Exceptions exist for eligible veterans, who may qualify regardless of prior ownership.
Common Questions
What DPA Borrowers Ask Us Most
Do I Have To Pay The Assistance Back?
It depends on the program. MyHome is a deferred loan — repaid when you sell or refinance, but no monthly payment. Dream For All shares appreciation instead of interest. Some local programs are fully forgivable after a certain period.
Can I Combine Multiple DPA Programs?
Yes — some programs stack. For example, a local city DPA can layer on top of CalHFA’s MyHome. We identify every program you qualify for and find the combination that minimizes your cash to close.
Are DPA Programs Only For Low-Income Buyers?
No. CalHFA income limits in Ventura County reach $209,000+ for most household sizes — covering many middle-income professionals, teachers, healthcare workers, and dual-income households.
Find Out What You Qualify For
We’ll identify every DPA program available for your location, income, and loan type.