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 05/2019. 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.

Program Bulletins
Bulletin # Title
#2019-19 Extension Fee Reduction on CalHFA’s First Mortgage Loan Products
#2019-18 Correction to recent Program Bulletin on HUD 184 Loan Option to CalHFA’s FHA Loan Program
#2019-17 Fannie Mae’s Lender Letter LL-2019-06 effect on CalHFA
#2019-16 CalHFA to Open its Conventional Loan Programs to all Mortgage Insurance Companies
#2019-15 CalHFA to Offer the HUD Section 184 Loan Option on its FHA Loan Programs
#2019-14 CalHFA Launches New CalHFA USDA Loan Program
#2019-13 Updated Income Limits for All CalHFA First and Subordinate Mortgages
#2019-12 New Interest Rate for the MyHome and School Program
#2019-11 New Mailing Address on CalHFA Subordinate Deed of Trust - #2019-11
#2019-10 CalHFA Opens Reissuance of MCCs to any Lender - #2019-10
#2019-09 CalHFA’s Deed of Trust Title Change - #2019-09
#2019-08 Lower Interest Rates for Conventional Loans with no Subordinates - #2019-08
#2019-07 CalHFA to Add a 2% ZIP Option and Eliminate the 4% ZIP Option - #2019-07
#2019-06 CalHFA to Offer Lower Interest Rates on Conventional First Mortgages for Certain Eligible Borrowers - #2019-06
#2019-05 Elimination of Resubordination Process - #2019-05
#2019-04 New Interest Rate for the MyHome and School Program - #2019-04
#2019-03 One Promissory Note and One Deed of Trust for All CalHFA Subordinate Loans - #2019-03
#2019-02 New Borrower’s Affidavit and New Restriction on Non-Occupant Co-Signors - #2019-02
#2019-01 CalHFA to Use Lender’s Credit Qualifying Income - #2019-01

Archived Program Bulletins, sorted by year
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 08/23/2019

Post-closing

News & Updates

Dates for August & September Lender Training have been posted

Program Bulletin #2019-19 - Extension Fee Reduction on CalHFA's First Mortgage Loan Products

Program Bulletin #2019-18 - Correction to recent Program Bulletin on HUD 184 Loan Option to CalHFA's FHA Loan Program

Program Bulletin #2019-17 - Fannie Mae's Lender Letter LL-2019-06 effect on CalHFA

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.

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