State Buyer Guide
Down payment assistance, California housing programs, closing cost estimates, and what to know before buying — including from FSBO sellers.
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The California Housing Finance Agency (CalHFA) is your primary source for below-market mortgage rates and down payment assistance in California. Programs are available through approved lenders — not directly through the HFA.
Deferred-payment junior loan for down payment and/or closing costs.
Shared appreciation loan providing substantial down payment help.
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Compare Mortgage Rates →On a $785,000 home: approximately $19,625
California charges a documentary transfer tax of $1.10 per $1,000 (0.11%) at the county level. Many cities add their own tax — Los Angeles adds 0.45%, for example.
California uses escrow and title companies for closings. An attorney is not required, but many buyers in complex transactions hire one independently.
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Find an Inspector →While California doesn't require an attorney at closing, FSBO buyers should strongly consider having one review the purchase agreement and title work.
Nolo has been the go-to legal resource for DIY buyers since 1971. Their real estate guides explain purchase agreements, contingencies, and closing in language anyone can understand.
Browse Legal Guides →Get a real estate attorney to review your purchase agreement or help you draft an offer letter — often for a fraction of traditional legal fees.
Get Legal Help →Download state-specific purchase agreements, addenda, and disclosure forms — written by attorneys, ready to use in your state.
Browse Real Estate Forms →California first-time buyers can access programs through the California Housing Finance Agency (CalHFA) (https://www.calhfa.ca.gov/), including the CalHFA MyHome Assistance Program (Up to 3.5% of purchase price — deferred until sale or refinance) and the CalHFA Dream For All (Up to 20% of purchase price — subject to program availability). Federal programs like FHA loans (3.5% down) and USDA loans (0% down in eligible areas) are also available.
Closing costs in California typically run 2.5% of the purchase price. Transfer tax: ~0.11% state + county/city add-ons. California charges a documentary transfer tax of $1.10 per $1,000 (0.11%) at the county level. Many cities add their own tax — Los Angeles adds 0.45%, for example.
California uses escrow and title companies for closings. An attorney is not required, but many buyers in complex transactions hire one independently.
The median home price in California is approximately $785,000. Property taxes average 0.73% of assessed value annually.
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