: Local institutions, such as the California Credit Union , often provide rate discounts (e.g., 0.25% off ) on first mortgages for school employees. Alternative Financing Options
These programs are widely available and often offer the most substantial financial benefits for eligible teachers.
: Available for K-12 teachers, college professors, and school staff.
: Homes are available via a lottery-style bidding system through HUD-registered brokers.
: This federal initiative provides a 50% discount off the list price of homes located in designated "revitalization areas".
For educators looking to purchase a home in 2026, several specialized programs can significantly reduce upfront costs through grants, major price discounts, and lowered interest rates.
: This for-profit company provides rebates and discounts on services like real estate agent fees and home inspections.