GSFA Platinum FHA Program – 5.5% Down Payment Assistance

This program provides eligible homebuyers with up to 5.5% of the loan amount in down payment and/or closing cost assistance, delivered as a second lien—which may be forgivable after meeting certain requirements. This assistance helps reduce upfront costs, making homeownership more accessible for qualified buyers.

This program is available for primary residences and supports a wide range of property types, including 1–4 unit homes, condominiums, and manufactured homes. With a minimum credit score of 640, it’s open to both first-time and repeat buyers, and there are no income limits for FHA transactions.

The GSFA Platinum FHA Program helps buyers with solid credit and stable income overcome the barrier of a large upfront down payment—without requiring repayment in many cases—making it a smart, affordable path to homeownership in California.