California Homebuyer Guide | Lodiard 'Alex' Mondala

1. Am I a "First-Time Homebuyer"?

In California, you are often considered a first-time homebuyer if you have not owned a principal residence in the last three years. This means even if you owned a home a decade ago, you might qualify for "first-time" grants today.

2. California Grant Programs (2026)

Utilizing these grants requires working with a CalHFA-approved lender. I can connect you with specialists who navigate these programs daily.

⭐ California Dream For All: A shared appreciation loan for first-generation homebuyers, providing up to 20% for a down payment.
⭐ MyHome Assistance Program: Offers a deferred-payment junior loan (up to 3.5%) to help with down payments or closing costs.
⭐ Forgivable Equity Builder Loan: Specifically for low-income borrowers; forgivable if you stay in the home for five years.

Looking for 0% Down & $0 Closing Costs in Sacramento?

The NACA Program offers below-market fixed rates with zero down payment, zero closing costs, and no PMI. Check your Area Median Income (AMI) status and neighborhood eligibility for Sacramento County and surrounding areas.

EXPLORE SACRAMENTO NACA GUIDE & CALCULATOR ›

Buying in Elk Grove? Get Up to $60,000 in Down Payment Assistance

The City of Elk Grove offers a 0% interest, deferred loan for up to $59,650 (or 20% of purchase price) for qualified first-time buyers. Check your AMI household income limits and run our instant calculator.

EXPLORE ELK GROVE $60K GUIDE & CALCULATOR ›

Official Resource: Visit CalHFA Homebuyer Programs

Get the 2026 Sacramento Grant Eligibility Checklist

Want to know exactly which grants you qualify for? Download my private roadmap for Northern California homebuyers, including the "5 Credit Score Hacks" for a better rate.

Your privacy is protected. Instant download available after submission.

The Home Buying Process

Phase 1: Preparation

Know your budget & financial position
Get pre-approved by a lender
Hire a trusted real estate agent

Phase 2: Home Search

Tour homes and explore neighborhoods
Analyze market trends and comps

Phase 3: Making an Offer

Submit a competitive, strategic offer
Negotiate terms, price, and repairs

Phase 4: Escrow Process

1. Open escrow & deposit EMD

2. Conduct thorough inspections

3. Appraisal & final loan approval

4. Review disclosures & title

5. Final walkthrough

6. Close escrow & get keys!

⚠️ Essential Rules During Escrow

Do not open new credit lines or apply for cards.
Avoid large purchases (cars, appliances, furniture).
Do not change jobs or move large sums of money.

3. Occupancy Type Comparison

Type	Down Payment	Grant Eligibility
Primary Residence	3% - 5% (or 0% with grants / NACA)	Full Eligibility
Second Home	10% - 15% Typical	None
Investment	15% - 25%	None

Lodiard 'Alex' Mondala | REALTOR®

DRE# 01960351

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