Prop 37 would offer second mortgages on new homes.

Jim Black , Chief Lending Officer at Revest Loans

Jim Black , Chief Lending Officer

Revest Loans

Phone: (925) 285-4898

Email: [email protected]

NMLS# 633511

Company NMLS# 2362319

Licensed in: CA, FL, TX, OR

Licensee is performing acts for which a real estate license is required. Revest Homes, Inc. is licensed by the California Department of Real Estate, Broker # 02174879; Oregon NMLS 633511/2362319; Texas NMLS 633511/2362319; Florida NMLS 633511/2362319. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Revest Homes, Inc. is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the state of CA, OR, TX, or TN.

Prop 37 Middle-Class Homeownership Loan Explained | Jim Black, Revest Loans

Prop 37 would offer second mortgages on new homes.

The measure at a glance

How the loan would work

What it does not promise

Ask whether you may qualify

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Sources

California Proposition 37 · Middle-class homeownership loan

A plain-English guide to the proposed program, which would be funded by up to $25 billion in revenue bonds and used for down payment help on newly built homes.

Proposition 37 was on the November 2026 California statewide ballot. Check the Secretary of State for the official result.

Four steps, as described in the ballot analyses.

The program is not a grant. Borrowers repay the loan and its administrative costs.

It applies only to qualifying newly built or newly converted homes, not existing resales.

Eligibility rules beyond the price and home-type limits still apply. Confirm them before you shop.

Any loan depends on lender approval and your full financial picture.

Send your details and from will reply to talk through the program and your options.

Next step: book a 30-minute call if you want to talk sooner.

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