We Understand What You're Going Through
Whether your children have moved out, you are approaching retirement, or you simply want a more manageable home and lower expenses, downsizing can be a smart financial move. However, coordinating the sale of your current home with the purchase of a new one introduces logistical and financial challenges that require careful planning and the right mortgage strategy.
A smaller home can mean a bigger life.
You're Not Alone in This
Thousands of homeowners face the same challenges every year. Our experienced team has helped families across 29 states find mortgage solutions tailored to their unique situations.
Solutions for Downsizing in California
NMHL offers multiple pathways to homeownership for California borrowers.
Your Path to Homeownership in California
A simple, guided process from start to finish.
Free Consultation
Speak with a licensed loan officer about your situation
Explore Your Options
We identify the best loan programs for your needs
Get Pre-Approved
Submit a quick application with no credit impact
Close with Confidence
Dedicated support through closing day
See What You Qualify For
Complete your mortgage application in minutes — no login required, no credit impact
What Our Clients Say
Real reviews from Google — no cherry-picking
Prefer to Talk to Someone?
Call (855) 513-2749 to speak directly with a licensed California loan officer about your situation. Free consultation, no obligation.
Find Help in Your State
Our Presence
Click on endorsed states to see our direct resources!
Downsizing in California - FAQs
Downsizing can be an excellent financial move in California, especially given current market conditions. NMHL loan officers understand the California real estate market and can help you evaluate whether downsizing makes sense for your situation and how to maximize the financial benefits.
In California, you may be able to exclude up to $250,000 (single) or $500,000 (married) in capital gains from the sale of your primary residence. California may also have state-specific tax considerations. Consult with a tax professional and your NMHL loan officer for guidance specific to your situation.
Yes. NMHL works with borrowers throughout California to create downsizing strategies that align your sale and purchase timelines. Our bridge loan and HELOC programs can help you transition smoothly without the stress of perfectly timed transactions.
Property taxes in California are based on the assessed value of your home. Downsizing to a less expensive property typically results in lower property taxes. Some California jurisdictions also offer senior property tax exemptions or freezes that can further reduce your costs.
California Mortgage Resources
Get Help with Downsizing in California
Speak with a licensed California loan officer today. Free consultation, no obligation.