CalHFA's MyHome Assistance Program provides a deferred-payment subordinate loan to help cover down payment or closing costs for eligible first-time buyers.
How MyHome works
MyHome is one of the assistance layers that can sit on top of a CalHFA first mortgage, helping eligible buyers clear the down-payment hurdle that often stalls a first purchase.
MyHome provides a subordinate loan, frequently deferred, to assist with down payment or closing costs. It is used with a CalHFA first mortgage through an approved lender and is subject to income and sales-price limits.
- Subordinate assistance loan, often deferred
- Used alongside a CalHFA first mortgage
- Income and sales-price limits apply
- Must go through a CalHFA-approved lender
Timeline and layering
Stacking a first mortgage with MyHome takes coordination, so an experienced CalHFA lender keeps things moving toward close.
Brian maps the timeline and contingencies before you write or accept an offer, so there are no surprises at the deadline. For context, Simi Valley's median runs near $850K and Valencia/Santa Clarita around $925K, with 30-year fixed rates roughly in the 6.5–7.0% range as of mid-2026 — confirm current figures with your lender, since they move week to week.
How Brian handles this transaction
Brian helps you find an approved lender, target homes within program limits, and write an offer compatible with the assistance structure.
His job is to make your profile read as a strength to the other side while keeping you protected through inspections, title, and disclosure review.
Confirm current rules
MyHome terms, limits, and availability change. Confirm the current program with a CalHFA-approved lender before relying on it.
Where money, taxes, or entity rules are involved, Brian coordinates with your lender, CPA, or attorney rather than guessing. This page is general real estate education, not financial, tax, mortgage, or legal advice. Loan programs, rates, and tax rules change and vary by individual circumstance — confirm specifics with a licensed lender, CPA, or attorney before acting.
What makes the offer or sale competitive
In Simi Valley and the Santa Clarita Valley, the strongest position blends realistic pricing with clean terms and a timeline the other side can trust. MyHome is a CalHFA down-payment-assistance program offering a subordinate loan, often deferred, to help cover down payment or closing costs alongside a CalHFA first mortgage.
Brian builds the package — price, deposit, contingencies, and close date — so your situation is an advantage, not a question mark.
Fair, equal service
Brian Cooper serves every qualified buyer and seller equally, in full compliance with the Fair Housing Act and California fair housing law. The guidance here is about transaction mechanics, never about who belongs in a neighborhood.
Frequently Asked Questions
What is the MyHome program?
A CalHFA down-payment-assistance program that provides a subordinate loan, often deferred, to help cover down payment or closing costs for eligible buyers.
Do I repay MyHome assistance?
It is a subordinate loan, frequently deferred until you sell, refinance, or pay off the first mortgage. Your lender explains the exact repayment terms.
Can I combine MyHome with other help?
It is designed to pair with a CalHFA first mortgage and sometimes other layers. A CalHFA-approved lender confirms what stacks together.
Are there limits to qualify?
Yes, income and sales-price limits apply and vary by area. Brian helps you target eligible homes and your lender confirms the figures.
Is this financial or tax advice?
No. This is general real estate education about how the transaction works. Loan terms, rates, and tax outcomes depend on your situation — confirm everything with a licensed lender, CPA, or attorney before you act.
Do you work with both buyers and sellers in this situation?
Yes. Brian represents buyers and sellers across Simi Valley, Santa Clarita Valley, and the surrounding Ventura and Conejo Valley markets, and tailors strategy to the specific transaction profile rather than a one-size template.
