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The GSFA OpenDoors Program helps low-to-moderate income homebuyers in California purchase a home by providing down payment and/or closing cost assistance (DPA), up to 7% of the First Mortgage Loan amount. Think you can't buy a home? We can help open the doors of homeownership for you!


Program Highlights

  • Financial assistance up to 7%, to use for down payment and/or closing costs in the form of various loan and gift combinations
  • Homebuyer(s) don't have to be a first-time homebuyer to qualify
  • Conventional & FHA first mortgage options 
  • Flexible income limits
  • Credit scores as low as 620

Does the DPA Have to be Paid Back?

The DPA Second Mortgage provided through the GSFA OpenDoors Program has a repayment requirement. The Deferred DPA Second Loan has a 30-year term and a zero percent note rate. It accrues no interest, has no monthly payments, but is due and payable upon sale, refinance or payoff of the First Mortgage. Any DPA provided as a Gift, does not have to be repaid.