CalHFA - 30-Year Fixed Rate Government Insured Loan Program

This program is designed to enhance affordability and homeownership opportunities by offering low, fixed interest rates . This program is intended for first-time homebuyers who meet specified low and moderate income limits and who are purchasing a new or existing home anywhere in California, using an FHA, VA or USDA insured/guaranteed loan.

How The Program Works

This program offers a CalHFA low rate first mortgage loan. The first mortgage loan may also be combined with CalHFA junior loan programs, for down payment and closing cost assistance, to make owning your first home more affordable.

Program Elements

Requirements	Details and Reference Sources
First-Time Homebuyer	Borrower must be a first-time homebuyer purchasing a primary residence intended for owner-occupancy.
Income Limits	Refer to CalHFA’s income limits established for the county in which the borrower is purchasing.
Sales Price Limits	Refer to CalHFA’s sales price limits established for the county in which the borrower is purchasing.
Citizenship	Be a U.S. citizen, permanent resident alien or other qualified alien.
Property Eligibility	Single family, one unit residence, including condo/PUD. Manufactured housing must meet eligibility requirements.
Available Through Approved Lenders	Refer to CalHFA’s approved lender list for a lender in your area.
Other Requirements	Meet the credit, income, and loan requirements of the CalHFA lender and the mortgage insurer/guarantor (FHA, VA or USDA). Other program requirements may apply; please contact an approved lender for more details. Other program requirements may apply; please contact an approved lender for more details.

For More Information

To learn more about the 30-Year Fixed Government Insured Mortgage , contact us at:

CalHFA Homeownership Division
P.O. Box 4034 , Sacramento, CA 95812
Phone: 877.9.CalHFA
Email: homeownership@calhfa.ca.gov

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. View the sample Truth in Lending disclosure here.