Quick answer: Most first-time buyers in Solano County don't need 20% down. FHA loans start at 3.5% down, some conventional loans at 3%, and VA loans at 0% for eligible veterans and service members, a big benefit near Travis AFB. Programs like CalHFA MyHome Assistance and GSFA Platinum can also help cover your down payment or closing costs. For most programs, you count as a first-time buyer if you haven't owned a home in the last three years.
One of the most common things I hear from first-time buyers is, "I'll never save 20% for a down payment." The good news is that most buyers don't put 20% down. Between low-down-payment loans and assistance programs, owning a home in Solano County may be closer than you think.
Here's a plain-language look at what's available right now.
Who Counts as a First-Time Homebuyer?
For most programs, you're a first-time buyer if you haven't owned a home in the last three years. So even if you owned before, you may still qualify. Each program sets its own rules, so we'll confirm yours with a lender.
Which Loans Let You Buy With a Low Down Payment?
These are the starting point for most first-time buyers:
- FHA loans: As little as 3.5% down, with more flexible credit guidelines.
- Conventional loans: Some programs allow as little as 3% down for qualified buyers.
- VA loans: 0% down for eligible veterans, active-duty service members and some surviving spouses. With Travis Air Force Base right here in Fairfield, this one helps a lot of Solano County families.
- USDA loans: 0% down in eligible rural areas. Most of Solano County's cities don't qualify, but some outlying areas may. I can check a specific address for you.
What Down Payment Assistance Programs Are Available in Solano County?
CalHFA MyHome Assistance
The California Housing Finance Agency (CalHFA) offers a deferred second loan to help with your down payment or closing costs:
- Up to 3.5% of the purchase price with an FHA loan
- Up to 3% of the purchase price with a conventional loan
- No monthly payments. You repay it when you sell, refinance or pay off your home.
It's paired with a CalHFA first mortgage and has income limits.
CalHFA Dream For All
This program helps first-generation homebuyers with up to 20% of the purchase price, capped at $150,000. The latest application round closed in March 2026. If it opens again, I'll share the news on my Instagram, so follow along at @meganbransonrealtor.
GSFA Platinum
The Golden State Finance Authority offers up to 5.5% of the loan amount for down payment and closing costs, depending on the option. Some versions are a gift and some are a second loan. You don't have to be a first-time buyer to use it, but income limits apply.
Local City Programs
Several Solano County cities have offered their own homebuyer loans in the past. Right now, Fairfield's programs are on hold and Vacaville's has expired. These programs come and go with funding, so I keep an eye on them for my clients.
How Else Can I Lower My Upfront Costs?
- Seller credits. In the right market, we can ask the seller to pay some of your closing costs.
- Gift funds. Many loan types allow family members to help with your down payment.
- Homebuyer education. Many programs require a short homebuyer class. It's usually online and worth it anyway.
Related Reading
- How Much Does It Cost to Buy a Home in Solano County?
- Fairfield vs. Vacaville: Where Should You Buy?
- Moving From the Bay Area to Solano County: Which City Fits You?
Frequently Asked Questions
Can I combine programs?
Sometimes. For example, CalHFA MyHome is paired with a CalHFA first mortgage. Your lender will tell you which programs work together.
Do I need perfect credit?
No. Many programs work with credit scores in the 600s. Each lender and program sets its own minimum.
Are there income limits?
Most assistance programs have them, and they vary by county and household size. A lender can tell you quickly whether you qualify.
Where do I start?
Get pre-approved with a lender who works with these programs. I'm happy to connect you with trusted local lenders.
Ready to Find Out What You Qualify For?
Buying your first home is a big step, and I'll walk you through every part of it. Call or text me at (707) 849-2956, or send me a message.
Program details change often. This guide reflects information available in October 2026, so always confirm current terms with your lender.
