School Teacher and Employee Assistance Program

How does it work?

The School Teacher and Employee Assistance Program is a variation of the CalHFA loan program which allows you to purchase a home by financing 100% of the price you pay for a home and can even cover closing costs.

The benefit of using this program as a school teacher or employee is that you receive additional assistance which additionally reduces your out of pocket costs. This is achieved by using a standard Conventional or FHA 1st mortgage plus a 2nd mortgage called the School Teacher and Employee Assistance Program to finance your down payment and an optional 3rd mortgage called ZIP (zero-interest program) to cover some or all of your closing costs.

Thousands of teachers and school employees use this program every year to purchase a home that ordinarily would have been out of reach due to not being able to save enough for a down payment. Most people who use this program are able to purchase with very little out of pocket, oftentimes only the cost of the appraisal ($450-$650) and optional home inspection (about $300).

How do you qualify?

There are some eligibility standards you must meet in order to qualify for this program:

  • Full-time employment at a school part of a Unified School District
  • You must have a 660 or higher credit score. If you’re not quite there, we can likely help you raise your score
  • Household income must be less than the County income limit. In most Southern California Counties that limit is over $125,000/yr
  • Can not have owned a home in the last 3 years

Do you pay back the money?

Yes, eventually the money has to be paid back. You do not have any payments during the life of the mortgage and you only pay back the My Home and Zip loans when you sell the home or pay off the 1st mortgage.

Let’s Get Started:

Contact me below or click to begin an application to see if you qualify for this or one of our other special loan programs.

Contact Me

Mobile: (619) 300-2800


Robert Breiner. Licensed Loan Officer NMLS# 1199942 | BRE# 01960372 Golden Bear Capital Inc. DBA Click Mortgage | 10174 Old Grove Road Suite 140​, San Diego, CA 92131​ | Phone: 888-440-3001 | Fax: 888-500-5815 Golden Bear Capital Inc. DBA Click Mortgage (NMLS# 284021) is licensed by the California Department of Business Oversight (CFL License# 603H185) and the California Bureau of Real Estate (License #01847011), Nevada Division of Mortgage Lending License #4043), Utah Division of Real Estate (License #6332409), Washington Department of Financial Institutions (CL-284021).

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