CalHFA partners with over 300 localities (cities,
counties, housing authorities, nonprofit entities, and redevelopment
agencies) to offer the AHPP. This program is intended for low income
first-time homebuyers who meet specified income limits and who are purchasing
a new or existing home anywhere in California.
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.
A borrower is considered a first-time homebuyer if they have not
owned and occupied a home in the past three (3) years. |
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 published
sales
price limits for the county in which the property is located. |
Citizenship |
Be a U.S. citizen, permanent resident
alien or other qualified alien |
Property Eligibility |
|
Available Through Localities and Approved Lenders
|
Refer to the Locality or CalHFA’s approved
lender list for a lender in your area. |
Other Requirements |
Must qualify for and meet the requirements
of the CalHFA first mortgage loan, the lender, the AHPP
partner and the mortgage insurer/guarantor. Other program requirements
may apply; please contact the specific AHPP
partner or an approved
lender for more details. |
For More Information
To learn more about AHPP, 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 the specific AHPP partner
or 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
|
