April 27, 2026 | Bulletin #26-08

In recognition of National Homeownership Month in June, Golden State Finance Authority (GSFA) is pleased to announce a limited-time enhancement to the GSFA Platinum Down Payment Assistance Program.

Effective for loan locks from May 1, 2026 through June 30, 2026, the Platinum “Select” feature will be temporarily expanded to all Platinum eligible borrowers, regardless of occupation or First Mortgage Loan type.

This expansion allows more borrowers to benefit from non-repayable Gift funds, helping reduce upfront costs and improve overall affordability.

This is a temporary enhancement and applies only to Platinum transactions locked between May 1 and June 30, 2026. All standard GSFA Platinum program guidelines and underwriting requirements remain in effect. Gift fund availability is subject to market conditions.

Program Details

During this promotion period, Platinum eligible borrowers may receive down payment and closing cost assistance (DPA) up to 5.0% of the First Mortgage Loan amount, structured as follows:

3.5% DPA Second Mortgage Loan

• 15-year fully amortizing loan
• Interest rate matches the First Mortgage
• Monthly payments apply

Up to 1.5% DPA Gift Funds

• No repayment required
• Subject to market conditions

Additional Resources

• GSFA Platinum Lender Participation Guide
• Lender Training
• Marketing Center

© 2026 Golden State Finance Authority. All rights reserved.

This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Complete program policies, eligibility requirements, loan applications, interest rates and annual percentage rates (APRs) are available through GSFA Participating Lenders.

For questions or additional assistance regarding this bulletin, please Contact Us.

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