Loan Scenario Calculator
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The Scenario Calculator helps you compare CalHFA loans to determine what loan scenario works best for your client. (Best viewed in IE9 or higher, Chrome, Firefox or Safari)
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News & Updates
Get to know CalHFA and our programs
Program Bulletin #2016-12 Updates to Annual Lender Recertifications
Program Bulletin #2016-11 CalHFA Announces New Options for ZIP Down Payment Assistance and Changes to the MyHome Program
Program Bulletin #2016-10 Acceptance of Mortgage Electronic Registration System (MERS) for all CalHFA Subordinate Loans
Program Bulletin #2016-09 CalHFA Announces Additional Master Servicer
Program Bulletin #2016-08 Clarification to CalHFA's Disclosure Requirements for CalHFA Subordinate Loans
Program Bulletin #2016-07 Increased Income Limits in High Cost Counties for CalHFA Conventional Loan Programs
Program Bulletin #2016-06 CalHFA Releases Updated Lender Manual
Did You Know?
Lenders receive a 1% Service Release Premium in addition to the origination fee on all CalHFA first mortgages!
Income and Sales Price Limits for CalHFA Home Buying
CalHFA assists low and moderate-income homebuyers in the realization of their goal of homeownership in California. CalHFA offers low interest rates to homebuyers who meet the income and sales price limits for the County in which they wish to purchase. Borrowers are to contact an approved CalHFA Lender for complete program details.
CalHFA's income limits cannot exceed certain federal maximum limits. In order to reach certain policy goals, CalHFA may set income limits below the federal limits.
CalHFA offers low interest rates for low to moderate income first time homebuyers in California.
Income limits may be different for each program. Please choose the program limits you need from the list below:
Conventional Income Limits
- CalHFA Conventional First Mortgage Income Limits (As of 04/01/16)
(CalHFA Conventional, CalPLUS Conventional; also, MyHome and ECTP when used behind a Conventional first)
- (Effective 10/5/15 – 3/31/16) CalHFA Conventional First Mortgage Income Limits
FHA Income Limits
- CalHFA FHA First Mortgage Income Limits (10/05/15)
(CalHFA FHA, CalPLUS FHA, Cal-EEM +Grant; also MyHome and ECTP when used behind an FHA first)
Other CalHFA Programs
- CalHFA MCC Program Income Limits (07/01/15)
Maximum Federal Income Limits
(for use in calculating Recapture and Loan Assumptions)
- Federal Limits for Recapture and Loan Assumption - (04/19/09*)
*The IRS Revenue Procedure 2010-23 allows CalHFA to use the 2009 published income limits. Therefore, in 2010, first mortgage programs may use the income limits published April 20, 2009 by CalHFA Homeownership Program Bulletin #2009-05)
The following are the maximum Single Family Program Sales Prices for eligibility purposes for new construction and existing (resale) homes.
"Sales Price" for purposes of eligibility, refers to the total contract sales price (acquisition cost*) as shown on the Closing Disclosure (CD) of acquiring a residence from the seller as a completed unit, expenses paid by the borrower on behalf of the seller, and any liens or assessments to which the home is subject.
*"Acquisition Cost" means the cost of acquiring a residence from the seller as a completed unit. The term does not include usual and reasonable settlement or financing costs. It does include the amount of any lien or assessment to which the home is subject.
CalHFA Sales Price Limits - (10/27/15) for all CalHFA first mortgage and subordinate loan programs
CalHFA MCC Sales Price Limits - (10/27/15) for the CalHFA Mortgage Credit Certificate Tax Credit (MCC) program
When CalHFA lending programs are used in combination with the CalHFA MCC program the most restrictive sales price limit applies.