Eligibility requirements for CalHFA programs and general procedures for first-time homebuyers.

Eligibility Requirements

• Borrower Requirements
• How to receive CalHFA financing
• Property Requirements
• CalHFA-defined High Cost and Non High Cost Areas

General Information for first-time homebuyers

• Ten Tips for Homebuyers
• Federal Recapture Tax

Once you determine your eligibility with CalHFA, visit the program descriptions page to find a program that fits your needs. After choosing a program, you should take the information you have gathered to a CalHFA-approved lender to apply for a loan using a CalHFA program. Homebuyers interested in applying for financing should contact one of CalHFA's approved lenders.

CalHFA does not lend money directly to consumers. CalHFA works through and uses approved private lenders to qualify consumers and to make all mortgage loans. CalHFA purchases closed loans that meet CalHFA's requirements. The fees consumers pay could be different depending on the lender and the program.