If you’ve been dreaming of owning a home in the Bay Area but feel priced out, 2025 might be your year! California continues to roll out assistance programs designed to help first-time buyers achieve homeownership. As your trusted real estate advisors, The Cal Agents are here to guide you through the process and help you maximize these opportunities.
First-Time Homebuyer Assistance – What’s New in 2025?
A new First-Time Homebuyers Training is launching with plans to go live by the end of February 2025. The application period is expected to open in March or April, providing a major boost for eligible buyers looking to purchase a home in Alameda or Contra Costa County.
Key Benefits of the Program:
- 40% down payment assistance (up to $200,000 maximum)
- No monthly payments on the assistance loan
- 3% simple interest over time
- Strict income limits apply (e.g., $84,600 for a 1-person household, $96,650 for a 2-person household, $108,750 for a 3-person household—see full chart for details)
- First come, first served basis – making early preparation essential!
Who Should Apply?
This program is designed specifically for low-income first-time homebuyers in Alameda and Contra Costa Counties. It’s an ideal opportunity for those who:
- Have been pre-approved but don’t qualify for enough buying power
- Need additional financial assistance to make homeownership possible
- Want to take advantage of one of the best down payment assistance programs in recent years
How The Cal Agents Can Help
At The Cal Agents, we understand that buying a home—especially in California—can feel overwhelming. Our team specializes in assisting first-time buyers by navigating government programs and financing options to help you make informed decisions.
Our Services Include:
- Personalized Pre-Qualification – We assess your financial status and purchasing power.
- Home Search Assistance – We help you find eligible properties within Alameda and Contra Costa County.
- Guidance on Loan Programs – Our team connects you with trusted lenders who specialize in first-time buyer programs.
- Document Preparation Support – We assist you in gathering the necessary paperwork to ensure a smooth application process.
- Free Real Estate 101 Class – We break down the homebuying process, from mortgage pre-approval to closing on your dream home.
Additionally, we partner with experienced lenders who specialize in first-time homebuyer programs, helping you evaluate the best financing options for your needs. Every lender has its advantages and limitations, and we’re here to guide you in choosing the right fit.
How to Prepare Before the Program Opens
We know from experience that these types of assistance programs fill up fast. To ensure you’re ready, we will be pre-qualifying interested buyers ahead of time so they can act quickly once the application window opens.
Steps to Take Now:
- Determine Your Eligibility – Income limits and first-time buyer status apply.
- Get Pre-Qualified – The Cal Agents will help you assess your purchasing power and eligibility.
- Gather Necessary Documents – Tax returns, pay stubs, credit reports, and other financial documents will be required.
- Stay Updated – We’ll be providing ongoing updates as more details become available.
Don’t Miss This Opportunity!
If you’re serious about buying a home in 2025 and need financial assistance, now is the time to start preparing. This program is expected to be in high demand, and we’re committed to helping our clients secure a spot before funds run out.
Contact The Cal Agents Today!
Our team is ready to assist you every step of the way. Let’s turn your homeownership dreams into reality. Get in touch with us today to start the process!
