NACA Purchase Program - California

What is NACA Purchase Program - California?

NACA Purchase Program - California is a deferred second loan for homebuyers in California.

• No down payment, no closing costs, no PMI, no fees, below-market fixed rate mortgage. Not a traditional DPA — the entire program overcomes down-payment barrier through no-down structure. CA offices in Hawthorne (LA area). 2025 high-cost area purchase limit $822,375. Extensive counseling required.
• no monthly payments on DPA.
• Funding comes from Non-profit / CRA bank commitments.

Do you have to pay it back?

NACA Purchase Program - California is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Repayment is triggered by Sale, refinance, transfer of title, or end of owner-occupancy.
• The assistance is recorded in 2nd lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

NACA Purchase Program - California is open to buyers who will live in the home as their primary residence.

What are the income limits?

NACA Purchase Program - California sets its income limit as follows: Contact program provider for current income limits.

• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

NACA Purchase Program - California caps the purchase price at $822,375.

• Eligible property types include Single-family (1-2 unit), conventional condominium, townhome, PUD.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

NACA Purchase Program - California serves buyers purchasing anywhere in California.

How do you apply?

Applications for NACA Purchase Program - California go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved through Contact provider directly; subject to funding availability, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.