99% Financing Available with CalHFA FHA & New CHDAP

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How is 99% Financing Available with CalHFA FHA & New CHDAP

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from California Counseling . First time homebuyers or qualified Veterans have a new option in financing that can help them purchase the home of their dreams. CalHFA FHA Program highlights include: * First time homebuyer or qualified Veteran * 620 minimum credit score * Purchasing property in designated target area * Seller concessions 3% * Loan up to 7000 * Primary, single family residence * Rate reductions available when CalHFA * Condos and PUDs must be FHA approved * Program is used with CHDAP or AHPP * Homebuyer Education & Counseling course required * Today's rate 4.125% Current sales price limits and income limits apply Riverside County & San Bernardino County Sales Price: 0000 for target area and 0000 for non-targeted area Orange, Los Angeles & Ventura Counties Sales Price: 2725 for target area and 6775 for non-targeted area CHDAP Program highlights include: * Can be used for down and closing * Interest rate reduction when used with CalHFA * 3% of sales price used as a second mortgage * Today's rate 3.25% * 1% down payment of borrower funds * Deferred loan CALL TODAY FOR MORE INFORMATION 714-396-6829

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