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California Dream For All Shared Appreciation Loan

California Housing Finance Agency offers California Dream For All Shared Appreciation Loan to first-time buyers in California: as much as 20% of the price, with a $150,000 cap, as a deferred loan.

Amount
As much as 20% of the price, with a $150,000 cap
Type of help
Loan with deferred repayment
Only first-time buyers
Yes
Course for homebuyers
Required

Waiting list: the money for this round has run out, so new buyers are added to a list for the next round.

Deferred loan: you pay it back, plus a share of any gain in the home's value, when you sell, pass the home to someone else or finish paying your main home loan.

A deferred loan has no monthly cost, but you owe the full amount once you sell, refinance or finish paying the first mortgage.

Who can qualify for California Dream For All Shared Appreciation Loan?

  • First-generation homebuyers only (at least one borrower).
  • Your income must be within CalHFA's limit for the county you're buying in.
  • First-time buyers only (usually you haven't owned a home in the past three years).
  • Complete a homebuyer education course before buying.
  • This loan is paired with the first mortgage known as Dream For All Conventional.

Your county and household size decide most limits. Use our HUD income limit tool to see the median income for your area and where your household falls.

Applying for California Dream For All Shared Appreciation Loan

  1. The California Housing Finance Agency sends this help through its approved lenders, so you submit your application with one of them alongside your home loan.
  2. The lender checks the home, your credit and your income against the program's rules, then sets the money aside for you.
  3. At closing, the help is applied to your down payment and your closing costs.

You'll find the complete rules and whether applications are open on California Housing Finance Agency's page for California Dream For All Shared Appreciation Loan, and you can also choose from the agency's participating lenders list.

California Dream For All Shared Appreciation Loan: ask a lender

Tell us where you're buying and a lender that works with California's programs can tell you whether California Dream For All Shared Appreciation Loan fits you, and what you could combine with it.

Call 866-602-7460

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When you send this request, you agree that one mortgage lender who works with these programs may contact you by email, phone or text, including by automated means, about this request. Agreeing is not a condition of any purchase. We are an independent guide, not a lender or a government agency; only that one lender gets your details, and it may pay us for the introduction. See our about page and privacy notice.

More first-time buyer programs in California

See every California first-time home buyer program · Down payment help in every state