Posts tagged as:

CalHFA

California Housing Finance Agency – CalHFA CHDAP Funds Available Balance

by Scott Schang August 28, 2009

The California Homebuyer’s Downpayment Assistance Program (CHDAP) is a deferred [...]

California Housing Finance Agency – CalHFA Federally Designated Targeted Areas

by Scott Schang August 28, 2009

There are some definite advantages to purchasing a home in one of California’s Targeted Areas. Thirty-three of California’s 58 counties have targeted areas – with Los Angeles having almost half. Purchasing [...]

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California Housing Finance Agency – CalHFA Property Requirements

by Scott Schang August 28, 2009

The CalHFA program is available on a statewide basis; [...]

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California Housing Finance Agency – CalHFA Borrower Requirements

by Scott Schang August 28, 2009

In order to qualify for a CalHFA loan, certain eligibility [...]

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California Housing Finance Agency Suspends Programs / Down Payment Assistance

by Scott Schang September 23, 2008

September 23rd, 2008 - In a shocking move today CalHFA temporarily suspends most of thier first time home buyer programs leaving only the 30 year fixed and the Extra Credit Teacher Program:

Effective immediately and until the financial markets stabilize, the following CalHFA first
mortgage products are temporarily unavailable:
• 35-Year Fixed Rate Mortgage – interest only PLUSSM
• 40-Year [...]

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Down Payment Assistance for CalSTRS and CalPERS Members – Low to No Down Payment Home Purchase Loans

by Scott Schang August 27, 2008

Every day seems to bring new challenges for new home buyers looking to purchase homes in the State of California. As home prices drop to seemingly jaw dropping levels California Teachers and Public Employees are making up a large percentage of first time home buyers entering this market.

If you do not belong to special organization [...]

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CalHFA Reduces Interest Rates – August 8th, 2008

by Scott Schang August 12, 2008

In such a volatile market as we’re in right now, on a day when conventional interest rates went up .125%, The California Housing Finance Agency in an unprecedented announcement reduced interest rates across the board.

Rate Reductions are as follows:
30 Year Fixed

Moderate Income Areas Reduced .125% to 6.75%
Low Income Areas Reduced .25% to 6.5%

35 Year interest [...]

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California Housing Finance Agency (CalHFA) – First Time Home Buyer Programs

by admin May 3, 2008

Program Summary
The California Housing Finance Agency offers First Time Home Buyer programs to specifically meet the needs of home buyers in the State of California. CalHFA offers first mortgages to 95% with a wide variety of down payment assistance options that results in essentially no money out of pocket for down payment and in some [...]