Archive | Down Payment Assistance

CalHFA CHDAP Reduces Qualifying Amount for First Time Homebuyers by 20%!

The California Housing Finance Agency (CalHFA) significantly revised their guidelines to reduce how much a first time homebuyer can qualify for when using their 3% California Homebuyer’s Downpayment Assistance Program (CHDAP).   3/21/2014 CalHFA NEWS UPDATE: CalHFA just announced a reversal and now set the new maximum DTI ratio at 45%! CalHFA Program Bulletin #2013-06 […]

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Down Payment Assistance CHDAP Platinum ACCESS programs

Compare CHDAP, Platinum, ACCESS Down Payment Assistance Programs

Home buyer down payment assistance loan programs such as CalHFA’s CHDAP, GSFA Platinum Grant, and the GSFA ACCESS program are three of the most popular first time home buyer assistance programs in California. The CHDAP, Platinum, and ACCESS program all provide 3% to 5% assistance that can be applied towards meeting FHA’s 3.5% minimum down payment requirement.  […]

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Platinum Grant Down Payment Assistance Program for CA Home Buyers

The GSFA Platinum Grant is a California down payment assistance program that provides up to 5% of the loan amount in the form of a non-repayable grant to support responsible and sustainable homownership for eligible California home buyers. The Golden State Finance Authority (GSFA) Platinum Grant provides assistance for moderate to high income wage earners throughout all […]

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Riverside Cty. First Time Home Buyer Downpayment Assistance Program (CHDAP)

The California Housing Finance Agency (CalHFA) made it easier for Riverside County first time home buyer’s to qualify for the CHDAP 3% down payment/closing cost assistance program.  This will greatly benefit people buying in Riverside County cities of Temecula, Murrieta, Menifee, Corona, Riverside, Lake Elsinore, and Moreno Valley.  Why?  Because CalHFA reduced the buyers minimum […]

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