Homeownership Partners Ask CalHFA

News & Updates:

  • CalHFA Homeownership loans used to purchase homes in 2009 are not excluded from eligibility for either the federal First-Time Homebuyer or California Home Buyer Tax Credits. Read More >>
  • CalHFA launches a new first mortgage program, Cal30, and reinstates CHDAP down payment assistance program!
    (Read Program Details)
  • School Facility Fee Down Payment Assistance Program (SFF) is back! (Read Details)
  • California Homeowners Are Being Targeted by Con Artists Offering Foreclosure Assistance (Read Details)
  • The President's Homeowner Affordability & Stability Plan FAQs (Read Details)

Bank-owned Properties For Sale

Partner Assistance
Want to be a CalHFA Lending Partner? Find out how!
Real Estate Agent Resources Contact Information
Loan Officer Leads Program Approved Lenders
Lender Training Marketing Materials

Lending Programs

Mortgage Insurance Programs & Guidelines

The mission of the Homeownership Division is to provide affordable housing opportunities to low and moderate income first-time homebuyers.  This is accomplished by offering low, fixed interest rate mortgage products, along with down payment and closing cost assistance.

Homeownership Program Details

Current Interest Rates
Income & Sales Price Limits
Program Eligibility Information
Program Descriptions
Conventional Underwriting Guidelines
Housing Proposition Information
Homebuyer Education Counseling

Documentation

All Forms & Check Lists


Frequently Used Forms/Checklists
Loan Submission Check List
Loan Purchase Submission Check List

Manuals, Bulletins & Matrixes

Lender Program Manual
Program Bulletins
Subordinate Underwriting Matrix

Working with lenders and other financing partners,
CalHFA’s Mortgage Insurance division delivers mortgage insurance programs to meet the needs of first-time homebuyers, low and moderate income borrowers and
others who may not qualify for traditional lending programs.

Mortgage Insurance Guidelines

Conventional Underwriting Guidelines
Subordinate Underwriting Matrix

Mortgage Insurance Programs

HomeOpeners®, A Mortgage Protection Program
HomeOpeners® FAQ

Mortgage Insurance Application & Stacking

Mortgage Insurance Application
Stacking Order

 
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.