03/30/2023
‼️CalHFA just announce its “California Dream For All” shared appreciation loan 💸 program.
How it works:
▫️Dream for All provides a loan for 20% of the home purchase price
▫️The homeowner pays back the original loan plus 20% of any appreciation in the value of the home when they sell/refinance/transfer
Eligibility:
▫️First time home buyers
▫️Occupy as a primary residence
▫️Complete homebuyer education course
▫️Meet CalHFA income limits (Los Angeles County up to $180,000! Orange County 🍊 up to $235,000 (take a screenshot at end of reel for your county limits)
Benefits:
▫️Avoid Mortgage Insurance
▫️Higher purchasing power
▫️Lower monthly mortgage payment
Limited funding has been allocated to the state, only 300 million, so if you’d like to know how to apply, message me 💬 and let’s make your dream of homeownership a reality 🏡 🔑💸
Diane Vara
EXP Realty
01965594
💌 [email protected]