First-Time Homebuyer Programs
If you are considering purchasing your first home, the California Housing Finance Agency (CalHFA) offers programs that may help. CalHFA provides first-time homebuyer loans and down payment assistance to eligible Californians. For more information, you can contact a CalHFA representative directly.
In a June 2017 post, Kue Lee — Education and Outreach Director at the Department of Business Oversight (DBO) — encouraged prospective buyers to reach out to CalHFA to explore available assistance options.
Mortgage Education Outreach Program
Understanding Mortgages
Learn the basics of mortgage types, interest rates, and what to expect during the lending process. The DBO provides consumer brochures and educational materials to help you make informed decisions.
Online Financial Education
Access interactive financial education modules through the DBO's Everfi platform. These short, self-paced courses cover topics relevant to home financing and overall financial wellness.
Consumer Protection
Stay informed about mortgage-related scams and predatory lending practices. The CFLP blog regularly features consumer alerts and fraud prevention tips from DBO staff and partner agencies.
Additional Homebuying Resources
- A–Z Financial Glossary — Understand key mortgage and real estate terms before you apply.
- Budget Worksheet — Plan your finances and determine how much home you can afford using the Outreach Toolkit.
- CFPB Mortgage and Housing Assistance — The Consumer Financial Protection Bureau launched a dedicated website to help homeowners and buyers navigate the mortgage process.
- Blog Updates — Visit the CFLP Blog for the latest posts on homeownership, including guidance on avoiding scams and managing mortgage payments.
Ready to Take the Next Step?
Explore the Outreach Toolkit for budget worksheets and calculators, or browse the Resources page for financial education tools.