How to Process a CalHFA Loan if you are a Mortgage Broker
As a mortgage broker it is required that you work through a CalHFA approved wholesale lender to process a CalHFA loan. The following is a list of CalHFA approved wholesale lenders and primary contacts who offer our products:
Banc One Mortgage Corporation
Bay Valley Mortgage Group
7390 Lincoln Way
Garden Grove, CA 92841
Kind Lending a dba of Broker Solutions, Inc.
phone: 800.450.2010 Ext. 4370
Majestic Home Loans a dba of RMK Financial Corporation
Mountain West Financial Inc.
N2Funding a dba of Equity Prime Mortgage
Sky Mortgage Wholesale a dba of Home Mortgage Alliance Corporation
Director of Underwriting
Getting Free CalHFA Leads
If you are interested in CalHFA's Preferred Loan Officer and LEADS Program please visit the LEADS Program page or contact Catherine Relyea at 916.326.8077.
Homebuyer Education Requirement
CalHFA firmly believes that homebuyer education and counseling is critical to the success and happiness of a homeowner, and requires homebuyer education and counseling for first-time homebuyers using a CalHFA program.
Who has to take this Homebuyer Education and Counseling course?
Only one occupying first-time borrower on each loan transaction.
How do I take this education and counseling course?
- ONLINE: eHome's eight-hour Homebuyer Education and Counseling course is the only online course accepted by CalHFA. (fee: $99) Other online courses like Frameworks are not acceptable because they do not provide a one-hour, 1-on-1 counseling follow-up session.
- IN-PERSON or VIRTUAL: Live Homebuyer Education and Counseling in-person or virtually though NeighborWorks America or any HUD-Approved Housing Counseling Agency
(fee: varies by agency)
Helpful Marketing Materials
CalHFA produces many collateral pieces to both inform California homebuyers and help our lending partners with the CalHFA process. Many of the pieces are in downloadable format for convenient printing. Take a look at what we have to offer!
Visit the Sales Tools & Marketing Materials page for details.
The Scenario Calculator helps you compare CalHFA loans to determine what loan scenario works best for your client.
News & Updates
Program Bulletin #2021-03 - MyHome Interest Rate Decreases to 1.00%
Program Bulletin #2021-02 - CalHFA to offer the Section 203(h) program for California Disaster Victims
Program Bulletin #2021-01 - MyHome Loan Amount Cap to Increase to $11,000
Latest Enews Announcements
Enews 01/05/21: CalHFA Enews: Program Bulletin #2021-03
Enews 02/26/21: California Housing Finance Agency Executive Director Boatman Patterson tapped by Biden Administration
Enews 02/01/21: CalHFA to offer the Section 203(h) program for California Disaster Victims
Enews announcements can be found on our Archived Page