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GSFA Platinum Program

GSFA Platinum Program
Down-Payment Assistance Program*

Competitive Fixed-Rate Financing With a Grant to be used towards down payment and closing costs.

Envoy Mortgage is pleased to offer an exclusive loan solution and grant program for low- to moderate-income individuals and families in California.

Through the GSFA Platinum Program (Golden State Finance Authority), Envoy provides qualified homebuyers with competitive fixed rate home financing PLUS a loan that can be used toward down payment or closing costs. The loan may be forgiven after three years of ownership. This allows many homebuyers to purchase a home sooner than they thought possible.

Program Benefits:

  • An attractive fixed-rate mortgage with a second loan to help cover down payment and closing costs.
  • The grant funds are not required to be repaid.
  • Can be used with FHA, VA, USDA and Conventional Loan Programs.
  • No first-time homebuyer requirement.
  • Available for purchases of both new and existing homes.
  • The second loan may be forgiven after three years of ownership.

Program Eligibility and Property Requirements:

  • No minimum required borrower contribution.
  • Income requirements are based on the borrower’s credit qualifications and are not tied to household income.
  • Property must be owner-occupied, but borrower can own other property.
  • Eligible properties include: Single Family Residences, Agency approved condominiums* and Planned unit developments (PUDS)


*Restrictions Apply: All loans subject to credit, income, appraisal and other requirements. Rates, Fees and Programs terms are subject to change without prior notice. Down Payment Loans made available through CA Housing Financing Agency and Golden State Finance Authority, a California Non-Profit Agency. Contact Doug Bullwinkel for current guidelines and more information.