2023 CalHFA Dream for All Program – Down Payment Assistance for First-Time Home Buyers!!!
Starting March 27, 2023, The California Housing Finance Agency (CalHFA) offers below-market interest rate mortgages, down payment assistance for low & moderate income, first-time homebuyers, many of whom are ethnic minorities not well-served by market rate products, loans for the development and preservation of affordable multifamily rental housing.
Here are some of the benefits of using CalHFA to finance your home purchase:
*Down payment assistance [20% Down Payment of the Purchase Price]
*Homebuyer education courses
*Access to a variety of mortgage programs
1. FIRST-TIME HOME BUYER
2. Minimum 640 FICO Score
3. Owner Occupied Only (Minimum 5 Years)
4. Mandatory Home Buyer Education Required
5. Maximum Income Limit
Down Payment Assistance Award by County
1. Orange County: $235,000
2. Los Angeles County: $180,000
3. Riverside County: $173,000
4. San Bernadino County: $211,000
5. Ventura County: $228,000
If you are interested in purchasing a home in California, please consider CalHFA’s mortgage programs. You may be also qualified to Own a home instead of renting.
Please make sure to check it out and verify yourself! And when you are fully qualified… https://www.calhfa.ca.gov/dream/index.htm
We can go find your 1st DREAM Home in your neighborhood when you are ready. For more information, please reach out to Charles Lee – Realtor/Broker at 714-614-2426 or email him directly at CHARLESLEE@ONEGROUPREALTY.COM
Client Support Team
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