LA 1st Time Home Buyers 2025
First Time Home Buyer Programs Los Angeles 2025
2025 LA first time buyers are able to access first time home buyer programs that our lenders are working with in CALIFORNIA. 2025 FIRST-TIME HOME BUYER DOWN-PAYMENT ASSISTANCE FUNDS ARE GENERALLY FIRST COME-FIRST SERVED AND ARE NOT GUARANTEED. Please check with your local lender prior to pre-approval to see if funds are still available and for guideline, income limit and debt ratio changes, or call us at 310-508-4354 and we will put you in touch with one.
REQUEST A PRE-QUALIFICATION TODAY!
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PROGRAMS AVAILABLE SPECIFIC TO CITIES WITHIN LOS ANGELES COUNTY
City of Claremont Inclusionary Program
- Covers the difference between the purchase price and affordable price of the home.
- Borrower must contribute 5% of the purchase price; a portion may be from a gift.
- For Moderate Income households, money is forgiven if living in the home for 45 years.
City of Compton (Currently on hold)
- Up to $150,000 in down payment assistance for Low Income Families, $100,000 for Moderate Income.
- Silent Loan for low and moderate income families.
- Available for any home within the City of Compton.
- Funds can also be used for closing costs.
City of Los Angeles LIPA- Up to $160,000 in down payment assistance for Low Income Families (can be used for down-payment, closing and acquisition costs).
- Silent Loan for low income families.
- Available for any qualifying home within the incorporated City of Los Angeles.
- Funds can also be used for closing costs.
TRIGGER EVENTS FOR REPAYMENT:
- Sale of the home
- Transfer of title
- Payoff of 1st mortgage
- Refinance (Refinancing of first mortgage is allowed under certain conditions)
- Change of occupancy
City of Los Angeles MIPA 2
- Up to $75,000 in down payment assistance for Moderate to Low Income Families.
- Silent Loan for moderate income families.
- Available for any home within the incorporated City of Los Angeles.
- Funds can also be used for closing costs.
City of Los Angeles Super MIPA 1
City of Los Angeles Super MIPA 1
- Up to $35,000 in down payment assistance for Higher moderate to Low Income Families.
- Silent Loan for above moderate income families (but there is still a limit).
- Available for any home within the incorporated City of Los Angeles.
- Funds can also be used for closing costs.
City of Los Angeles RNLA (Limited Inventory of homes)
- Up to $60,000 in down payment assistance for Low or Moderate Income Families.
- Available only for home offered by RNLA.
- Funds can also be used for closing costs.
County of Los Angeles HOP (ON HOLD)
County of Los Angeles HOP (ON HOLD)
- Up to $60,000 in assistance.
- Eligible for certain cities and all of the unincorporated areas of Los Angeles County.
- Silent Loan for low income borrowers.
- Buyer only required to come in with 1% down in most cases.
County of Los Angeles MCC
County of Los Angeles MCC
- Dollar for dollar tax credit on the interest paid on the home.
- Helps buyers qualify for a higher purchase price.
Montebello Housing Development Corporation
Montebello Housing Development Corporation
- Up to $55,000 for down payment assistance.
- Can be used anywhere within LA County Areas.
WISH
WISH
- Up to $15,000 for down payment of closing costs.
- Grant that is forgiven after 5 years.
- It is a 3 to 1 matching program borrower needs to contribute $5,000 to receive $15,000.
- ALSO AVAILABLE FOR Orange County
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PROGRAMS AVAILABLE THROUGHOUT ALL OF CALIFORNIA (including LA)
FHA 2025 - 1st and 2nd time home buyer program in 2025 
- Allows buyer to with a 3.5% down payment
- Allows buyer to with a 3.5% down payment
- No restrictions on the areas borrowers can purchase (California)
- Maximum purchase limits depending on county
- No home-buyer class required
- Primary residence
- Higher income allowed
CalHFA 1st Loan (Conventional & FHA options available)
- Bond loan that can assist with an extra money down payment or closing costs.
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA MYHOME
- 2nd position loan that can be used for down payment or closing costs.
- 3.5% of the purchase price.
- Silent Loan (no payments are made during the first 30 years).
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA ZIP
- 2nd or 3rd position loan that can be used for down payment or closing costs.
- 3% to 4% of the purchase price.
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA School Program (Replaces the Extra Credit Teachers Program)
- Only one applicant needs to currently be employed in California K-12 public school, Charter school, county/continuation school or its district.
- Bond loan that can assist with an extra money down payment or closing costs.
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA MYHOME
- 2nd position loan that can be used for down payment or closing costs.
- 3.5% of the purchase price.
- Silent Loan (no payments are made during the first 30 years).
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA ZIP
- 2nd or 3rd position loan that can be used for down payment or closing costs.
- 3% to 4% of the purchase price.
- No restrictions on the areas borrowers can purchase (California only).
- Allows buyer to come in with a 1% down payment on the 1st loan.
CalHFA School Program (Replaces the Extra Credit Teachers Program)
- Only one applicant needs to currently be employed in California K-12 public school, Charter school, county/continuation school or its district.
- 4% of the purchase price or appraised value, whichever is less.
- Silent Loan (no payments are made during the first 30 years).
- No restrictions on the areas borrowers can purchase (California only).
CalHFA EEM Grant
- Program is to be used with an FHA Energy Efficient Mortgage.
- 4% of the loan amount that can be used above what the maximum allowed for a regular EEM Mortgage.
- Grant Program, funds do not have to be paid back.
- No restrictions on the areas borrowers can purchase (California only).
GSFA Platinum
CalHFA EEM Grant
- Program is to be used with an FHA Energy Efficient Mortgage.
- 4% of the loan amount that can be used above what the maximum allowed for a regular EEM Mortgage.
- Grant Program, funds do not have to be paid back.
- No restrictions on the areas borrowers can purchase (California only).
GSFA Platinum
- Loan program that combines with a 3% to 5% grant (does not have to be paid back).
- No restrictions on the areas borrowers can purchase (California Only).
- This can be structured both as FHA or Conventional.
GSFA Platinum MCC
GSFA Platinum MCC
- Dollar for dollar tax credit on the interest paid on the home.
- Helps buyers qualify for a higher purchase price.
FIRST-TIME BUYER PROGRAMS THAT COVER LOS ANGELES AS WELL AS OTHER CITIES AND COUNTIES
We have lenders that specialize in 2025 first-time home buyer programs such as the ones listed above ready to help you!
THESE ARE JUST A FEW OF THE MANY PROGRAMS OFFERED! We work with only experienced first-time home buyer lenders who understand the many intricacies of these oftentimes complicated loans. Call us today at 310-508-4354