The CalHFA Forgivable Equity Builder Loan (FEBL) program is a forgivable 10% down payment assistance program available to low income first time homebuyers in California that will help build home equity and generational wealth for those in need. The Forgivable Equity Builder Loan (FEBL) is funded by the California Housing Finance Agency (CalHFA) who’s goal […]
On March 27th President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (HR 748) into law. The CARES Act provides mortgage forbearance relief to homeowners that have a federally backed mortgage who’ve been impacted by the COVID-19 pandemic. Skipping mortgage payments due to the COVID-19 Cornavirus national pandemic is a big decision, […]
The California Firefighter Down Payment Assistance (CFDPA) program provides homebuyer assistance to eligible Firefighters and all fire department employees of the State, Federal, Local, or a Tribal fire department in California. California’s Firefighter Down Payment Assistance (CFDPA) loan program provides from 3% to 3.5% of assistance in the form of a silent second home loan […]
The Chenoa Fund downpayment assistance loan program offers 100% affordable financing for buyers who can meet basic minimum credit requirements and lack sufficient funds for a down payment. The Chenoa Fund homebuyer assistance program offers two unique down payment assistance programs, the Chenoa Fund FHA Advantage and Chenoa Fund Conventional Advantage, to meet the needs […]
CalHFA announced the new School Teacher and Employee Assistance Program (STEAP) to aid in the purchase of a home in California. Eligible homebuyers who qualify for down payment assistance must be first time homebuyers employed at any K-12 California public or charter school, school district offices, and county or continuation schools. STEAP is available to […]
2018 Conforming Loan Limit in Riverside County Conforming Conventional loan limits refers to loans secured and underwritten to the FHFA or Fannie Mae/Freddie Mac guidelines and standards. The term ‘Conforming’ is often used to refer to Conventional financing. This means if your loan amount exceeds $453,100, it will not ‘conform’ to Fannie/Freddie guidelines and require 1 of 2 […]
The Community Home Advantage Program (CHAP) is a community based homebuyer assistance program designed to expand the availability of credit and promote fair and affordable lending to homeowners and homebuyers purchasing a home in targeted communities, cities and zip codes within California. The CHAP Community Home Advantage Program provides a .50% to 1.00% discount to the […]
