{"id":225,"date":"2026-11-14T10:00:00","date_gmt":"2026-11-14T10:00:00","guid":{"rendered":"https:\/\/www.calpropgroup.com\/blog\/?p=225"},"modified":"2026-11-14T10:00:00","modified_gmt":"2026-11-14T10:00:00","slug":"california-voters-approve-prop-37-loans","status":"publish","type":"post","link":"https:\/\/www.calpropgroup.com\/blog\/2026\/11\/14\/california-voters-approve-prop-37-loans\/","title":{"rendered":"California Voters Approve Prop 37 Loans"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/sbgal\/california-voters-approve-proposition-37-to-assist-homebuyers-with-down-payments-remotion-videos-4baf\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>California voters approved a program to help qualified buyers cover part of the down payment on newly built homes through a repayable loan.<br \/>\nThe program will allow California to issue up to $25B in bonds, funding loans of up to ~17% of a home&#039;s price; purchase-price limits apply.<br \/>\nBuyers must contribute at least ~3% toward the down payment; a primary mortgage covers remaining costs, and both loans must be repaid.<br \/>\nA mortgage broker said the additional loan could help some buyers avoid private mortgage insurance, potentially eliminating one component of their monthly housing costs.<br \/>\nEligible buyers must have lived in California for at least 1 yr, earn at most twice the area&#039;s median income, and occupy the home.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>California voters approved a program to help qualified buyers cover part of the down payment on newly built homes through a repayable loan. The program will allow California to issue up to $25B in bonds, funding loans of up to ~17% of a home&#039;s price; purchase-price limits apply. Buyers must contribute at least ~3% toward [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/posts\/225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=225"}],"version-history":[{"count":1,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/posts\/225\/revisions"}],"predecessor-version":[{"id":227,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/posts\/225\/revisions\/227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/media\/226"}],"wp:attachment":[{"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.calpropgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}