Found you money to help you buy your home

Golden State Finance Authority (GSFA)
DPA ( Down Payment Asst)  is available from GSFA for Purchase transactions as outlined below:
DPA Amount:
• VA: Up to 4.00% of the First Mortgage Loan amount.

Categories eligible for instant Grant (no waiting period after close)
FHA or VA Mortgages where borrower has one of the following occupations in
California:
o Peace Officers, Sheriff, Border Patrol Agents, Correctional Officers and
others serving in a Law Enforcement capacity;
o Firefighters, CalFire, paramedic, and Emergency Medical Technicians
(EMTs), including administrative staff that supports firefighters; or
o Current members of the California State Teachers Retirement System
(CalSTRS) or University of California Retirement Plan (UCRP),
employees of a California accredited Private, Charter or Public School
District or California State University, Junior College or Private College,
including school administration and staff.

Occupancy:
• Borrower must occupy the residence as their primary residence.
• For non-occupant co-borrowers, refer to loan agency guidelines.
Eligible Properties:
• Single Family (1 -4 Unit) properties ONLY, as allowed per Agency guidelines.
• Manufactured housing allowed with a minimum of 680 FICO (no manual
underwriting)
Income Limits (based on county of property):
• For FHA and VA loans, follow GSFA Income Limits published online at
http://www.gsfahome.org/programs/dpa/....
• For USDA loans, follow the stricter of either GSFA Income Limits published
online at http://www.gsfahome.org/programs/dpa/... or loan agency
guidelines.
Minimum Credit Score: 640.
Maximum DTI: 45%.
Homebuyer Education:
• Please refer to loan agency for specific requirements