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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
#2018-19 CalHFA and the California Wildfires
#2018-18 New Mortgage Purchase Master Agreement
#2018-17 Additional Requirements to Resubordinate All CalHFA Subordinate Loans
#2018-16 New, Simplified CalHFA Borrower's Affidavit and Certification
#2018-15 CalHFA Conventional Loan Programs to Allow Manufactured Housing
#2018-14 CalHFA to Implement Fannie Mae's 3.2 File Format in MAS
#2018-13 CalHFA Eliminates Business Income Overlay
#2018-12 Updated Income Limits for the Mortgage Credit Certificate Tax Credit Program
#2018-11 New CalHFA Borrower's Affidavit and Certification
#2018-10 CalHFA to Offer Purchase Assistance to Borrowers affected by Natural Disasters in California
#2018-09 Updated Sales Price Limits for both CalHFA's Loan Programs and MCC Program
#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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File Review Status

Updated 12/7/2018


News & Updates

Dates for November Lender Training have been posted

Program Bulletin #2018-18 - CNew Mortgage Purchase Master Agreement

Program Bulletin #2018-17 - Additional Requirements to Resubordinate All CalHFA Subordinate Loans

Program Bulletin #2018-16 - New, Simplified CalHFA Borrower's Affidavit and Certification

Enews announcements can be found on our Archived Page

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:

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Lenders receive a 1% Service Release Premium in addition to the origination fee on all CalHFA first mortgages!

Sacramento Headquarters
500 Capitol Mall, Ste. 1400
Sacramento, CA 95814
877.9.CalHFA (877.922.5432)
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