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GSFA Platinum Program

GSFA Platinum Program is a grant or 3-year forgivable second from Golden State Finance Authority. Available statewide in California. Up to 5.5% toward a home purchase. First-time buyer status is not required. Income limit: GSFA county/loan-type income limits.

Up to 5.5%
Listed as open as of April 10, 2026

Available statewide in California.

First-time buyerNot required
Income limitGSFA county/loan-type income limits
Minimum credit score640
Maximum DTI50%
Homebuyer educationRequired
Property typesSFR, condo, PUD, 2-4 unit, manufactured (FHA only)
OccupancyOwner-occupied primary
Eligible loan productsFHA, VA, USDA, Conventional
Sales price capPer first loan program
RepaymentGrant: never repaid. Forgivable second: forgiven after 3 years of occupancy.
ForgivableForgivable after 3 years (forgivable second structure) OR no repayment ever (grant structure)
StackingStacks: calhfa-mcc
Amount notes3% to 5.5% of the loan amount as a grant (non-repayable) or 3-year forgivable second mortgage. Lender selects structure at lock.
NotesMost flexible statewide non-FTHB DPA. No FTHB required. Great fallback for repeat buyers.
Phone855-740-8422
Source Golden State Finance Authority·official program page·Verified

Provider: Golden State Finance Authority · program details at the provider’s site.

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