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# How to get 20% Down Payment to buy first home in California?

[Rates and Inflation](<https://lbcmortgage.com/mortgage-shorts/rates-and-inflation/>) 

How to get 20% down payment to buy your first home from state of California?

The program starts March 27th. So far, there are few details, but here is what we know for sure:

- it was designed for first time buyers who live in California
- you have to show enough credit and income to qualify for a mortgage. When you decide to sell your property or your finance
- you have to pay back the 20% you got plus additional 20% on the profit of the sale of your property.

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