{"id":10,"date":"2026-09-07T09:00:00","date_gmt":"2026-09-07T09:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/kathysantifer-com\/2026\/09\/07\/proposition-37-17-second-mortgage\/"},"modified":"2026-09-07T09:00:00","modified_gmt":"2026-09-07T09:00:00","slug":"proposition-37-17-second-mortgage","status":"publish","type":"post","link":"https:\/\/www.kathysantifer.com\/blog\/2026\/09\/07\/proposition-37-17-second-mortgage\/","title":{"rendered":"Proposition 37: 17% Second Mortgage"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/katherine-irene-santifer-769431\/california-proposition-37-remotion-videos-02ae\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Let\u2019s talk about something coming up on the ballot that could really change how some folks buy a newly built home here in California\u2014especially if saving up that big down payment has been feeling impossible. Proposition 37 would set up a state-backed second mortgage program, letting qualifying buyers put in at least 3% upfront. The state would chip in up to 17% of the purchase price, bringing the total down payment to 20%. Your primary mortgage would handle the rest.<\/p>\n<p>The state is planning to fund this with up to $25 billion in revenue bonds, and the idea is that homeowners would pay back their share over time, just like any other loan. What stands out to me is how this could help families\u2014especially Latino households and others who can afford monthly payments but just can\u2019t seem to scrape together enough for that first big chunk. I see this struggle all the time in the High Desert, and it\u2019s real.<\/p>\n<p>On November 3, 2026, voters will get to decide if this plan should go statewide. If you\u2019re curious how something like this might affect your options or want to talk through the pros and cons in plain English, I\u2019m always happy to sit down and chat through it. No pressure, just real talk about what works for you and your family.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s talk about something coming up on the ballot that could really change how some folks buy a newly built home here in California\u2014especially if saving up that big down payment has been feeling impossible. Proposition 37 would set up a state-backed second mortgage program, letting qualifying buyers put in at least 3% upfront. The [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":35,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/posts\/10","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":0,"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/posts\/10\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/media\/35"}],"wp:attachment":[{"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/media?parent=10"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/categories?post=10"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kathysantifer.com\/blog\/wp-json\/wp\/v2\/tags?post=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}