Looking for Down Payment Assistance?
Whether your client is a first-time homebuyer or not, take a look at our programs that provide down payment and closing cost assistance...
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Watch real-life success stories of individuals and families who became homeowners through the GSFA down payment assistance programs. Listen to a variety of challenges they may have faced and how they overcame these challenges to achieve the dream of homeownership.
“The hardest part is taking the first step." ----- Meet Christian Park, a Prosecutor for the County of Tulare District Attorney’s Office, who just bought his first home with down payment and closing cost assistance from Golden State Finance Authority (GSFA).
Watch Christian’s inspiring story today. Hear how he prepared his budget, what changes to his lifestyle buying a home required and why he feels the decision was worth it.
“With the way the market is, sometimes that can even be the difference whether or not you can even get something because when the values are going up so much if you need to wait two years to save up you might end up getting priced out. It definitely helped to accelerate the process or even make it possible.” - Michael Pluguez
The GSFA Affordable Housing Series with The Power is Now Media is a financial literacy series developed by Golden State Finance Authority, to help homebuyers achieve the dream of homeownership. Watch Segment 1-3 of Part 5, where we explore the bigger topic of getting prepared for a mortgage loan and meeting the qualifying guidelines for the GSFA Down Payment Assistance Programs.
In this video, Eric Frazier and Carolyn Sunseri discuss GSFA's requirement for Debt-to-Income Ratios and the use of a Cosigner or co-borrower to help the primary borrower qualify.
In this video, Eric Frazier and Carolyn Sunseri discuss GSFA's FICO Scores and Credit Requirements and what a borrower with low or no FICO scores can do to build their credit.
In this video, Eric Frazier and Carolyn Sunseri discuss credit challenges, and financial circumstances and personal hardships such as: Divorce and/or Separation, Bankruptcy, Short sales, Foreclosures and Deed In lieu, and Tax Liens and Collection accounts. They dispel the myth that these circumstances will always stop a borrower from becoming a homeowner.
This series is specifically designed for our mortgage and real estate partners and explores the latest program updates and enhancements as published in the Single-Family Program Bulletins. New to the GSFA programs? — Join us as we dive deep into program features and provides answers for frequently asked questions from our lending partners.
Down payment assistance remains one of the biggest challenges that homebuyers in California face. Which is why it is so important for Lenders to offer down payment and closing cost assistance programs, such as those provided by GSFA. Hear Danh explains the steps to Join the GSFA Lending Team. (More)
We are excited to announce the NEW Golden Opportunities or GO Program that will be availble on July 17, 2023. The Program will provide down payment and closing cost assistance up to 5% of the Total 1st Mortgage Loan in conjunction with Government Financing. (More)…
Here at Golden State Finance Authority, we don’t simply provide access to program information to expand your business, we seek ways to evolve and improve your online experience. The new redesigned GSFA website features a bold new look and an optimum viewing experience with a mobile friendly and responsive design. (More)
Whether your client is a first-time homebuyer or not, take a look at our programs that provide down payment and closing cost assistance...
Find out if Down Payment Assistance can help you purchase a home in California. Our Lenders are here to answer questions about programs, look at your personal financial situation and help you get started.