Achieve the Dream
With down payment assistance, homeownership may be closer than you thought possible...
Click on the tabs below to display contents.
Below you will find a list of public announcements from Golden State Finance Authority. These may include press releases, newsletters or announcements about upcoming events.
Stay Current on News and Announcements from Golden State Finance Authority. Sign up for our E-Mail Subscription hereSubscribe for E-News
Below you will find recent news and media coverage regarding Golden State Finance Authority and our homeownership programs.
Golden State Finance Authority (GSFA) isn’t just a public entity providing financing programs. It is a moving, innovating, experienced organization dedicated to strengthening California’s economy through affordable housing and economic development initiatives. Our goal is to give homebuyers, homeowners and business partners the tools to tackle the housing affordability and energy efficiency financing challenges, today and tomorrow.
For all media inquiries, please contact:
Director of Marketing and Stakeholder Relations
(855) 740-8422
With down payment assistance, homeownership may be closer than you thought possible...
The business potential is vast, the impact you can make on people’s lives indisputable. Join us...
We found our forever home.
Homebuying during the pandemic seemed like an impossible thing to do. We spoke to our realtor. He was incredible at finding a lender that provides assistance with 1st time homebuyers. He told us we qualified for the gift (grant) and 2nd mortgage for a combine down payment assistance of over $20,000. This helped us enormously as it made it possible for us to make competitve offers in a competitive market.
Stablility and safety were a reality.
Becoming a homeowner became extremely important in providing stability for myself, my children and my mother who was battling cancer. Receiving this assistance granted us an opportunity that was previously out of reach. The grant allowed me to purchase a home where I could watch my children grow and care for my mother.
Somewhere to finally call home.
After years of renting and saving we decided to look into buying our first home! Even with savings, the prospect of buying a house would not have been possible if not for the gracious help from GSFA... I would recommend, and have recommended, this program to fellow teachers looking to purchase their first home. I have mentioned to them how easy and how beneficial this program is in helping reach the goal of homeownership. Thanks to GSFA, we own our first home, somewhere we can be happy and safe, somewhere to finally call home.
GSFA made it possible to attain the American Dream.
With low interest rates and pre qualifying for a VA Loan I started looking for a home. My mortgage lender told me about the GSFA Program that I qualified for being employed as a state correctional officer. Not all mortgage companies are aware of this program for first responders. Other friends buying a home were not told about GSFA they were qualified for. Buying a home was easy after renting for so long. VA Home Loan; Axia Home Loans; and GSFA made it possible to attain the American Dream.
Buying a house during the COVID Pandemic was really stressful.
As a Healthcare worker, I am grateful for Jeff. If it wasn't for him I would still be renting my small apartment in Glendale. Living in California isn't easy when you're constantly being taxed and facing an upward battle of constant financial hardships. Buying a house during COVID Pandemic was really stressful, especially when caring for others in the Emergency Department. This loan really meant the world to me because my kids no longer have to share a bedroom together and for this I'm appreciative.
We needed the space…
I was prompt to purchase a home because I was living in a 2 bed 1 bath duplex with 4 children. We needed the space and when I went looking at homes 4 rent that were bigger. The price they were asking for rent was the amount you would pay in a mortgage. My loan officer was the one who told me about the GSFA program and when he did I felt like it was God who okayed my decision in purchasing a home. I would definitely [sic] recommend this program to everyone. I would tell them don't lose faith in the cost. Use the grant that's available to us.
It was all worthwhile.
Coming up with that initial down payment is hard. I thought I had saved enough but with pre & closing costs it just wasn't going to work. I wouldn't have been able to make the purchase without the assistance. It was a no brainer. With the help of GSFA I was able to make an offer and find a home. The approval and home buying process is definitely a big paperwork effort and an intimidating responsibility, but the minute the keys were mine, it was all worthwhile.
Magnificent.
Helping one of the baby boomers that ask 'how didn't we lose on the last Vegas "Bust" after the largest Builder in the nation with the largest Banks offering loans they shouldn't have. In a two week period Sept-October 2004, is when the dominos started to [sic] fall. Needless to say we went bankrupt. Thank you to the person involved giving us a second chance after such a huge loss.
I recommend this program to every one….
I would like to thank the GSFA for providing the open doors program. Without it, it would have been another year or more for me and my wife to purchase our first home! We are very grateful and I recommend this program to every one I meet who is looking to purchase a home!
This program is beyond amazing.
GSFA Platinum down payment assistance made our dream of owning a home possible. Without the generous help we would still be renting. We never realized how much of a down or closing costs we would need until the numbers were in front of us. Our loan officer quickly reassured us with this amazing program that eased our mind of the stressful process of buying a home. We're blessed to own a beautiful home which wouldn't have happened without the extra help. This program is beyond amazing. Thank you so very much.
I qualified for a grant of $13,671.
When I found the home I wanted, I didn’t have enough $$$ for a down payment. I thought I’d have to borrow some $$$. But, as I was going through the application process, I was informed that I qualified for a grant of $13,671. My home closed. I was given the keys. My dog and I ran around inside, with joy, until we were exhausted.
I got so excited…
I would like to thank GSFA so much for the $15,034 you provided in down payment assistance. It is so greatly appreciated and helped me out so much! I was extremely motivated to buy my First home just wasn't sure I was ready yet because I didn't have the total amount needed to be able to pay for my down payment and closing costs and that's when a friend told me about the Platinum down payment assistance [sic] program. When I closed escrow it was one of the best days of my life. Thank you so much GSFA. Please continue to do great work!
I'm a first-time homebuyer…
Without this program my dream of owning a home may not have happened. I thank God for this program because it allowed me to achieve my goal. I'm a first time home buyer who didn't know a lot about the ins and outs of the real estate business and this program helped me in a very big way. So thanks everyone who had a hand in making my dream goal work.
I am so thankful…
I lost my first home after my husband died and I had no income. I got a job and waited the time required and applied for a home loan. I work for minimum wage now and I am on social security but I still qualified. I would not have been able to buy without the help of the down payment assistance program. I love my new home and I am so thankful for this program.
We had been looking for a couple years
My wife and I can't thank you enough for the $. We had been looking for couple of years. Summer of 2016 had a financial set back and had to use our down payment $. Then the summer of 2017 we found a new realtor and finance guy (Prime Lending) and he told us about you. A few months later we are in our first home. Again we would like to thank you. Too bad more people do not know about you. There are a lot of lenders that don't know about your program.
The $12,029 Grant that we received…
The $12,029 Grant that we received through the GSFA Platinum Program really helped to offset the down payment and closing costs on our mortgage loan with Skyline Financial Corp. Because we didn't have enough money saved. We were extremely thankful for the Grant because we were in the need of a bigger home for our family. Having a child makes it difficult to save money especially because our only income is from my husband's job. Thanks to the grant with the money we had saved up managed to buy new furniture and gardening supplies for our house. If we wouldn't of had this grant it would of been difficult for us to buy these special things we needed for our home. Thanks for this Grant and may God bless you all to keep helping more families like ours.
It took a huge weight off of home buying process.
Thank you for the amazing program. The grant that was provided allowed me to focus on other issues that come with purchasing a new home. My reaction to the program was disbelief, however, it took a huge weight off of the homebuying process. I want to thank all of you at Golden State Finance [sic] Authority for your wonderful generosity. And for having this superb program. I recommend to all!!