Scenario CalculatorLoan Scenario Calculator

The Scenario Calculator helps you compare CalHFA loans to determine what loan scenario works best for your client.

File Review Status
Updated 5/25/2018
Loans in line Review Date

Compliance

102 May 23

In Suspense

23 May 24

Post-closing

MyHome/ZIP/School

220 May 21

In Suspense

326 May 16
Suspense Inquiries

For suspense items, refer to our MAS

Files in suspense status will only be reviewed once all suspense items are uploaded into MAS. Files are reviewed in date order and are given a rush review.

Tips for Doc Draw & Closing:

Subordinations

2 May 24

News & Updates

Program Bulletin #2018-08 - 90-Day Rate Lock Option Eliminated

Program Bulletin #2018-07 - Elimination of APN Restriction

Program Bulletin #2018-06 - CalHFA to Purchase Loans Twice Weekly via ACH Transfer

Enews announcements can be found on our Archived Page

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  • cALhfa va: 30-year, fixed rate mortgage for veterans and armed service members. Click for more info.
  • New save energy and money CalEEM + Grant Additional 4% Grant for energy upgrades with a 30year fixed EEM Mortgage. Click for more info.
  • MyHome Assistance Program: Down payment and closing cost help for first-time homebuyers
  • CalPLUS with ZIP: 30-year, fixed rate first mortgage packaged with down payment assistance
  • Tax credits- Mortgage Credit Certificate: Lower your taxes with our federal tax credit program. Click for more info.
  • Grade A+ Extra Credit Teacher Program Extra financial help for staff at California public schools. Click for more info.

CalHFA Lender Manual & Program Bulletins

Lender Manual

CalHFA's Lender Program Manual is directed to mortgage professionals, such as lenders, loan officers, underwriters, brokers, escrow officers and servicers. It is intended as a guide for originating loans for purchase by CalHFA. The Manual is periodically amended and/or updated by Program Bulletins. Lender Program Manual (pdf)

The current version of the Program Manual was revised 08/2017. Please refer to the subsequent Program Bulletins for the most current information.

Program Bulletins - Current Year

CalHFA Program Bulletins are addendums to the Lender Program Manual and important communication tools to our lending partners. These bulletins are provided in Adobe PDF format and require Adobe Reader to open and view them.

Bulletin # Title
#2018-08 90-Day Rate Lock Option Eliminated
#2018-07 Elimination of APN Restriction
#2018-06 CalHFA to Purchase Loans Twice Weekly via ACH Transfer
#2018-05 Updated and Simplified Income Limits for all CalHFA First Mortgage Programs
#2018-04 Leasehold Estates and Community Land Trusts
#2018-03 CalHFA to Offer Limited 203(k) Option on its FHA Loan Programs
#2018-02 Documentation and Representation and Warranty Relief for CalHFA Conventional Loan Programs Using Day 1 Certainty™
#2018-01 New CalHFA School Teacher and Employee Assistance Program and Discontinuation of Extra Credit Teacher Home Purchase Program

Archived Program Bulletins, sorted by year
All Program Bulletins, sorted by subject
Archived Enews Announcements, sorted by year


Updates and changes will be announced from time to time via a Program Bulletin ("Program Bulletin" or "Program Bulletins") and Lenders should sign up for Enews announcements and monitor CalHFA’s website for specific Program Bulletin updates and changes to the Program Manual.

Whenever possible, CalHFA will provide its Lenders a five (5) business day notice via a CalHFA Program Bulletin or Enews announcement regarding program and policy changes.

Some exceptions may apply to the notification policy, such as daily interest rate announcements and changes directed by other state (e.g. State Treasurer’s Office), federal (e.g. GSEs, FHA) or private (e.g. Master Servicer and Mortgage Insurance provider) partners who have not allowed sufficient time for a 5-day notification.

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