Archive | Down Payment Assistance

CityLIFT Down Payment Assistance for the Inland Empire

The CityLIFT Down Payment Assistance (DPA) program provides $15,000 to eligible home buyers for Inland Empire’s Riverside County cities of Corona, Riverside, Moreno Valley, and San Bernadino County cities of Fontana and San Bernardino. The $15,000 CityLIFT funds are actually a ‘soft second’ mortgage which are then forgiven (free money) after the borrower has occupied […]

Continue Reading 0

2013-2014 CHDAP Income Limits – California Homebuyers Downpayment Assistance Program

The 2013-2014 CalHFA CHDAP maximum income limits have been updated and surprisingly increased in all 58 counties of California when used with FHA, VA, USDA and Conventional financing! CHDAP  (California Homebuyers Downpayment Assistance Program) provides a silent second deferred interest loan (up to 3% of the sales price) that California first time home buyers can […]

Continue Reading

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 […]

Continue Reading
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.  […]

Continue Reading

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 […]

Continue Reading 7