Do I have to be a first-time buyer for CalHFA School Teacher and Employee Assistance Program (STEAP)?

Yes. The program lists a first-time buyer requirement.

Is there an income limit?

Yes. The listed income limit is County limit.

What credit score does CalHFA School Teacher and Employee Assistance Program (STEAP) list?

The listed minimum credit score is 660.

CalHFA School Teacher and Employee Assistance Program (STEAP)

CalHFA School Teacher and Employee Assistance Program (STEAP) is a occupation-based deferred silent second from California Housing Finance Agency. Available statewide in California. Up to 3.5% toward a home purchase. For first-time buyers. Income limit: County limit.

Up to 3.5%

Listed as open as of April 10, 2026

Available statewide in California.

First-time buyer	Required
Income limit	County limit
Minimum credit score	660
Maximum DTI	45%
Homebuyer education	Required
Occupations	K-12 public school employee, K-12 charter school employee, School district staff, County school employee, Continuation school employee
Property types	SFR, condo, PUD, manufactured
Occupancy	Owner-occupied primary
Eligible loan products	FHA, VA, USDA, Conventional
Repayment	2.5% int.; deferred; due on sale/refinance/transfer/non_occupancy
Stacking	Stacks: calplus-fha, calplus-conventional, calhfa-zip
Notes	For CA K-12 school employees (not just teachers). Enhanced version of MyHome for educators.

Source California Housing Finance Agency·official program page·Verified April 10, 2026

Provider: California Housing Finance Agency · program details at the provider’s site.

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