Mortgage Assistance

NeighborWorks® Sacramento offers financing for down payment assistance and closing costs for first-time homebuyers that plan to buy and occupy a home in the Sacramento Region. We currently offer 2 affordable types of mortgage assistance loans: NeighborWorks® CalHome & Purchase Advantage Loan (PAL). For a comparison of both programs:

For all of our mortgage assistance programs, applicants are required to complete the 8-hour homebuyer education course from NeighborWorks® HomeOwnership Center Sacramento Region. Funding for each program is subject to availability on a first-come first-serve basis.

NeighborWorks® CalHome

Currently, we are not providing CalHome loans.  Please continue to check this page for updates on when the program will be available again.  The terms below are subject to change.

This loan provides down payment assistance up to $30,000 and is deferred for 30 years at 3% simple interest. There are no monthly payments. In order to be eligible, you must be a first-time homebuyer and the total household income cannot exceed 80% of area median income for Sacramento County. The property must be located in an eligible census tract (see CalHome map below) and not exceed the maximum sales price limit of $299,000.

Click on the following attachment buttons for more information:

How to Apply for Mortgage Assistance:

NeighborWorks® Sacramento maintains a list of Preferred Lending Professionals who can reserve CalHome or PAL funds on behalf of their borrowers.
To apply for either program, Preferred Lending Professionals will be required to submit a complete loan submission package. Below are the program guidelines and loan submission checklists for each program:

Don’t have a lender you’re working with?

Don’t have a lender you’re working with? Go to our Preferred Lending Professionals section of our website to find a Preferred Lending Professional who can help you apply for NeighborWorks® CalHome or PAL mortgage assistance loans..

Licensed by the California Department of Business Oversight under the California Residential Mortgage Lending Act

License #417-0042