2025 California Mortgage Programs
Your Complete Guide to Home Financing in California
Up to 20% Assistance
CalHFA Dream For All Program
$1.2M FHA Limits
High-cost county limits increased
No VA Limits
Unlimited for eligible veterans
NEW FOR 2025: Increased loan limits, expanded assistance programs, and priority for first-generation buyers
Explore 2025 California Mortgage Programs
CalHFA Dream For All 2025
2025 UPDATEShared appreciation loan covering up to 20% of purchase price
Program Benefits
- Up to 20% down payment and closing cost assistance
- No monthly payment on assistance loan
- Available through lottery system due to high demand
- First-generation homebuyer priority
Requirements
- First-time homebuyer (no ownership in last 3 years)
- Minimum 660 credit score
- Meet county income limits
- DTI ratio under 45%
- Primary residence only
CalHFA MyHome Assistance
Deferred-payment junior loan for down payment and closing costs
Program Benefits
- Up to 3.5% for FHA loans
- Up to 3% for conventional loans
- No monthly payment required
- Simple interest accrues
Requirements
- First-time or repeat buyer
- Meet income limits
- Complete homebuyer education
- Use with CalHFA first mortgage
2025 FHA Loan Program
2025 UPDATEFederal program with flexible credit requirements
Program Benefits
- Down payment as low as 3.5%
- 2025 limits up to $1,209,750 in high-cost counties
- Credit scores from 580+
- Gift funds allowed for down payment
Requirements
- 580+ credit score for 3.5% down
- 500-579 requires 10% down
- Mortgage insurance required
- Primary residence only
2025 County Loan Limits:
VA Loans - No Limit 2025
2025 UPDATENo loan limits for eligible veterans in California
Program Benefits
- Zero down payment required
- No loan limits in California
- No mortgage insurance
- Competitive interest rates
Requirements
- Military service eligibility
- Certificate of Eligibility (COE)
- Meet lender credit requirements
- Primary residence
2025 California Loan Limits by County
Updated limits effective January 1, 2025
| County | Type | Conforming | FHA |
|---|---|---|---|
| Orange County | High-Cost | $1,209,750 | $1,209,750 |
| Los Angeles County | High-Cost | $1,209,750 | $1,209,750 |
| Riverside County | Baseline | $806,500 | $672,750 |
| San Bernardino County | Baseline | $806,500 | $806,500 |
What's a High-Cost County?
Counties where median home values exceed 115% of the baseline conforming loan limit qualify for higher limits, up to $1,209,750 for 2025.
Super Conforming Loans
Loans between $806,500 and $1,209,750 in high-cost counties are called "super conforming" or "high balance" loans.
What's New for 2025?
California continues to innovate with new homeownership opportunities
ADU Financing Programs
New financing options for Accessory Dwelling Units
Climate Smart Homes Initiative
Additional financing for energy-efficient home improvements
First-Generation Homebuyer Priority
Priority processing for first-generation homebuyers
Calculate Your 2025 Mortgage Payment
See how much home you can afford with 2025 loan limits and assistance programs
Start Your Homeownership Journey in 2025
Take advantage of new programs and increased limits. Our experts will guide you through every option.
Get Your Free 2025 Program Analysis
Program Eligibility Review
Which 2025 programs you qualify for
Down Payment Analysis
How much assistance you can receive
County-Specific Limits
Your area's 2025 loan limits
Pre-Approval Options
Get approved for 2025 programs
Tax Season Tip for 2025 Buyers
Start gathering your tax documents now! Most 2025 mortgage programs require 2 years of tax returns. Having your 2023 and 2024 returns ready will speed up your approval.
Frequently Asked Questions About 2025 Programs
What are the new California mortgage programs for 2025?
The major 2025 California mortgage programs include CalHFA Dream For All (up to 20% assistance), increased FHA loan limits up to $1,209,750 in high-cost counties, VA loans with no limits, and expanded down payment assistance programs. New initiatives include ADU financing and climate-smart home programs.
What are the 2025 loan limits in California?
For 2025, conforming loan limits range from $806,500 (baseline) to $1,209,750 in high-cost counties like Orange and Los Angeles. FHA limits range from $524,225 (floor) to $1,209,750 (ceiling). VA loans have no limits for eligible veterans.
How does the CalHFA Dream For All program work in 2025?
The Dream For All program provides up to 20% of the purchase price as a shared appreciation loan. There are no monthly payments on this assistance, but CalHFA shares in your home's appreciation when you sell or refinance. Due to high demand, the program uses a lottery system.
What down payment assistance is available in California for 2025?
California offers multiple down payment assistance programs including CalHFA Dream For All (up to 20%), MyHome Assistance (3-3.5%), county-specific programs, and city programs. Many offer deferred payment options with no monthly payments.
Can I get a mortgage with bad credit in California in 2025?
Yes, FHA loans accept credit scores as low as 580 for 3.5% down payment, or 500-579 with 10% down. Some CalHFA programs require a minimum 660 credit score. We also offer non-QM loans for unique credit situations.