Rates & Reservations

Yes, the CalHFA-approved lender must make a reservation in our LAS prior to loan submission

CalHFA Approved Lenders should contact their secondary marketing department, bond department or manager to find out what the lender specific process is for reserving a CalHFA Loan. 
Mortgage brokers or correspondent lenders should contact the CalHFA Lender they will broker the loan through.

Reservations will be accepted from 6:00 a.m. to 11:59 p.m. PT seven days a week

No, a sales contract must be executed prior to reservation.

Reservations are borrower, property and lender specific. If the borrower changes properties, the existing reservation must be cancelled before a new reservation is made. The underwriting and program guidelines in effect at the time of the re-reservation will apply. Refer to specific program descriptions for details.

No, you can mark the changes on your Mortgage Submission Voucher (MSV), and submit with the changes marked or you may call either Homeownership Loan Production or Secondary Marketing Unit to make the changes for you.

Yes, the new lender may re-reserve the loan once the previous reservation is cancelled. The new reservation may be subject to current interest rates and program requirements. Refer to specific program descriptions for details.

You may either log into LAS and print a duplicate or contact CalHFA's Secondary Marketing Unit to have a duplicate faxed to you.