GSFA Platinum Down Payment Assistance
by Golden State Finance Authority
A second-mortgage down-payment product through GSFA participating lenders. First-time buyer status is not required.
What you can get
Second-mortgage assistance up to 5% of the first mortgage
Repayable financing. Repayable — not free savings.
Platinum Standard can provide up to 5% of the first-mortgage amount as a 15-year amortizing second. Select can combine a 3.5% second with a gift of up to 1.5% subject to market conditions. Maximum first mortgage published is $832,750. This is repayable financing.
Overview
A second-mortgage down-payment product through GSFA participating lenders. First-time buyer status is not required.
Who may qualify
- These down-payment programs are for buyers who do not already own the home they are purchasing.
Location / service area
Statewide in California
How to apply
Use the official application or program page. Confirm current instructions with the administrator before you apply.
Preapproval required
Important things to know
Last verified: Sep 6, 2026 · Confidence: High
Official sources
Not sure what you qualify for?
Check your eligibility. We’ll compare your answers with published program rules.
Eligibility is based on published program information and the details you provide. Program rules, funding and availability can change. Always confirm eligibility with the official program administrator.