California Healthcare Home Rebate Program

Generally, yes - but it depends on the specific program and whether it caps total buyer credits at closing. FHA, VA, and conventional loans each have their own rules about how much in credits a buyer can receive relative to their closing costs and loan amount. I'll run the numbers for your specific loan type before we go under contract so there are no surprises.

Any California-licensed healthcare professional with an active license in good standing through the California Department of Consumer Affairs or its affiliated boards. This includes RNs, NPs, PAs, PharmDs, allied health professionals (radiologic techs, respiratory therapists, physical therapists, occupational therapists, sonographers, surgical techs, dental hygienists), mental health professionals (LCSWs, LMFTs, psychologists, MFTs), and veterinary professionals. Verification is done through the California DCA license lookup - it takes a few minutes and requires only your license number.

The rebate appears as a credit on your Closing Disclosure and is processed through escrow at the close of the transaction. It reduces the cash you bring to close - you don't receive a check separately after the fact. The timing is the close of escrow, not before and not weeks after.

There is no hard minimum or maximum tied to the program itself. That said, at very low price points the math on both the rebate and lender credit becomes less impactful, and some loan programs have conforming limits that affect structure. I'll let you know upfront if your target price range changes anything about how the program applies.

The rebate is a credit that reduces your closing costs, not a gift or asset - so it doesn't affect your loan amount or down payment the same way a cash gift would. However, lenders are required to account for all credits on the Closing Disclosure, and some programs cap total credits at a percentage of the loan. A lender credit on the financing side may also affect your rate, which feeds into your debt-to-income ratio. So yes, the details matter, and I'll walk through all of it with you before you lock.

Eligibility is tied to the qualifying buyer on the transaction, not every person on title. If you are a licensed healthcare professional and you're on the purchase contract, the program applies. Your spouse or partner can be on title and on the loan without holding a healthcare license.

Those programs work by routing you to a participating agent who keeps the majority of their commission - the buyer benefit is typically a small fraction of the total commission paid. Xavier's program rebates an actual percentage of the buy-side commission directly back to you, processed through escrow on your Closing Disclosure. On top of that, the lender credit is a structurally separate and independent discount - not something those programs stack. You're not sharing a small slice of one commission; you're looking at two distinct credits from two different licensed functions.

No. There is no fee for consultations, license verification, or offer preparation. The rebate and lender credit only apply if a transaction closes. If we look at homes for six months and you decide not to buy, or a deal falls through in escrow, you don't owe anything. I'm in it for the long haul - that's how this works.