{"id":15,"date":"2026-09-16T10:00:00","date_gmt":"2026-09-16T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/laviniafernandezespinoza-com\/2026\/09\/16\/california-prop-37-25b-down-payment-loans\/"},"modified":"2026-09-16T10:00:00","modified_gmt":"2026-09-16T10:00:00","slug":"california-prop-37-25b-down-payment-loans","status":"publish","type":"post","link":"https:\/\/www.laviniafernandezespinoza.com\/blog\/2026\/09\/16\/california-prop-37-25b-down-payment-loans\/","title":{"rendered":"California: Prop 37 $25B Down Payment Loans"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/lavinia-espinoza\/proposition-37-loan-remotion-videos-ac61\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>California is considering an ambitious proposal: a $25 billion bond-backed loan program designed to help residents cover up to about 17% of a down payment on new homes. Buyers would only need to bring in around 3% of the purchase price themselves, with a primary mortgage handling the remaining 80%. What does this mean in real numbers? For the average home in Sacramento County, the required savings could be about $16,000. In San Francisco, closer to $42,000. These loans would be available only for new homes from qualifying builders, aiming to open doors for renters hoping to become homeowners and to expand middle-class housing options throughout California.<\/p>\n<p>As someone who works closely with buyers across Santa Clara, San Benito, and San Mateo counties, I know how challenging the upfront costs can be\u2014especially for first-time buyers and families from diverse backgrounds. This kind of initiative could make the dream of homeownership more accessible to many in our community. While the measure hasn\u2019t faced formal opposition in the voter guide, there are some concerns about affordability for certain buyers and about building requirements. My focus remains on helping you understand these changes and how they might affect your path to owning a home in California.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>California is considering an ambitious proposal: a $25 billion bond-backed loan program designed to help residents cover up to about 17% of a down payment on new homes. Buyers would only need to bring in around 3% of the purchase price themselves, with a primary mortgage handling the remaining 80%. What does this mean in [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/posts\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":0,"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/posts\/15\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/media?parent=15"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/categories?post=15"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.laviniafernandezespinoza.com\/blog\/wp-json\/wp\/v2\/tags?post=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}