Your Path Home
A HomePath loan is government-backed loan, similar to an FHA loan with a few important advantages. It only requires a 3% down payment instead of 3.5%, there's no appraisal required, and it doesn't require mortgage insurance. Saving you money now and in the future.
Benefits
- Lower down payment lets you afford your home sooner.
- Your down payment can come as a gift.
- Lower starting rates help you build toward your future.
- Sellers can contribute more to the closing costs.
Ideal for:
- First-time buyers.
- People with little or no credit history, or even low credit scores.
- People who can't afford a large down payment.
Find a Loan Advisor
Local loan experts are ready to help you find the right loan for your needs and guide you through the process.
Find a First Cal Loan Advisor near you