.png)
.jpg)
First-Time Homebuyer Programs That Make Homeownership Possible
VA One-Time Close Construction Loans that let eligible veterans build a custom home with one simple financing solution.
Hi, I’m Marcia Frater Your Trusted Local Mortgage Expert
Licensed Realtor since 1988 • Lending Professional since 2000.
I guide first-time homebuyers through the mortgage process with clarity, honesty, and care — making financing straightforward so you can focus on finding and enjoying your first home. With decades of real estate experience and lending expertise, I provide personalized solutions that truly fit your goals.
Why Choose a First-Time Homebuyer Program?
First-time homebuyer programs, like CalHFA’s California Dream For All Shared Appreciation Loan, are designed to make buying your first home more affordable and accessible.
These programs can:
​
-
Help cover down payment and closing costs with low- or no-money-down options
-
Provide long-term, fixed-rate mortgages for stability
-
Give first-generation buyers a chance to step into homeownership without draining savings
Instead of waiting or competing in a challenging housing market, these programs give you a clear path to homeownership while leveraging resources designed to help first-time buyers succeed.
How First-Time Homebuyer Financing Works
Who it’s for:
-
First-time and first-generation homebuyers in California
-
Buyers who meet income and household eligibility guidelines
How it works:
-
A conventional first mortgage covers the majority of the purchase price
-
A Shared Appreciation Loan can provide up to 20% for down payment or closing costs
-
You benefit from a fixed-rate loan and long-term stability
Why now:
-
Take advantage of programs before funding or guidelines change
-
Secure a home sooner with less upfront cost
-
Build equity and wealth for your future
Make Your First Home a Reality
Take the first step toward owning your first home. Complete the form below, and let’s review your eligibility and the best financing options for your situation.