June 29, 2026 | Bulletin #26-11

More Time, More Opportunity: 
Platinum "Select" Promotion Extended Through August 31

In response to strong interest from our lending partners and the positive impact this promotion has had on homebuyers, Golden State Finance Authority (GSFA) is pleased to announce that the GSFA Platinum "Select" Summer Promotion has been extended through August 31, 2026.


Originally scheduled to end June 30, the limited-time expansion of the Platinum "Select" feature will now remain available for eligible loan locks through August 31, 2026, giving lenders and homebuyers two additional months to take advantage of this enhanced assistance opportunity.



Promotion Details

During the promotion period, all eligible GSFA Platinum borrowers may receive up to 5.0% of the First Mortgage Loan amount in down payment and closing cost assistance, structured as:

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


Updated Promotion Period

Eligible loan locks: May 1, 2026 – August 31, 2026



All standard GSFA Platinum underwriting guidelines and eligibility requirements remain in effect. Gift fund availability remains subject to market conditions.

Social Media Templates
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Lender Action Items

  1. Review your active pipeline for eligible borrowers.
    
  2. Re-engage clients who may have delayed purchasing due to upfront costs.
    
  3. Share the extended promotion with your referral partners.
    
  4. Continue using GSFA marketing resources, including flyers, social media graphics, and promotional materials.
    


Additional Resources



Thank you for your continued partnership in helping more Californians achieve the dream of homeownership.

© 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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