What is the GSFA Platinum grant in California?

GSFA Platinum is a California down payment assistance grant of up to 6% of the loan amount. Unlike loans, it does not need to be repaid. It does not require first-time homebuyer status and has higher income limits than CalHFA programs.

Do I have to repay the GSFA Platinum grant?

No. GSFA Platinum is a true grant with no repayment obligation, no second lien on the property, and no conditions tied to how long you own the home.

What is the income limit for GSFA Platinum in California?

GSFA Platinum income limits are county-specific and generally higher than CalHFA limits. In many California counties, limits reach $180,000-$220,000+ for qualifying households. Contact DiVita Home Finance to confirm limits for your county.

Can I use GSFA Platinum if I already owned a home?

Yes. GSFA Platinum does not require first-time homebuyer status, making it available to move-up buyers and repeat purchasers who meet the income and property requirements.

GSFA Platinum Grant California 2026: Free Down Payment Money You Never Repay

The GSFA Platinum program (Golden State Finance Authority) provides California homebuyers with up to 6% of the loan amount as a true grant — money that does not need to be repaid, ever. Unlike CalHFA MyHome (a deferred loan), GSFA Platinum is a gift. It is one of the most valuable and underutilized homebuyer assistance programs in California. 📞 (800) 239-1108

GSFA Platinum Key Details

Assistance amount: Up to 6% of the loan amount (not purchase price)
Type: True grant — no repayment, no second lien on the property
Income limits: Up to approximately $180,000–$220,000 depending on county and household size (higher than CalHFA)
First-time buyer required: No! GSFA Platinum does not require first-time homebuyer status
Loan types: FHA, VA, USDA, and some conventional programs

How Much Does GSFA Platinum Provide?

On a $700,000 purchase with a $665,000 loan (5% down): 6% grant = $39,900. That can cover your 5% down payment plus closing costs — leaving you with significant cash still in hand at closing.

GSFA Platinum vs CalHFA MyHome

GSFA Platinum: True grant (no repayment), no first-time buyer requirement, higher income limits, but interest rate on first mortgage may be slightly higher
CalHFA MyHome: Deferred loan (repaid at sale/refi), first-time buyer required, lower income limits, first mortgage rate may be more competitive

The right choice depends on your income, first-time buyer status, and how long you plan to stay. We compare both for every qualifying client.

GSFA Platinum Eligibility

California purchase only (primary residence)
Income at or below GSFA income limits for your county
Minimum 640 credit score (FHA); 660+ for conventional
Must use a GSFA-approved lender (DiVita Home Finance is approved)
No first-time buyer requirement

Why Is GSFA Platinum So Underutilized?

Most buyers and even many real estate agents do not know about GSFA Platinum. It is not as prominently marketed as CalHFA programs, and not every lender participates. Working with an approved lender who knows the program is essential.

Get Up to 6% in Free Grant Money

DiVita Home Finance is an approved GSFA lender. We will tell you in one call whether you qualify and exactly how much grant money you could receive.

📞 (800) 239-1108 | Michael DiVita | NMLS #1070853

DiVita Home Finance | NMLS #1070853 | Tiburon, CA | 📞 (800) 239-1108

GSFA Platinum Grant California: Free Down Payment Money You Never Repay