01/18/2024
I know plenty of people are thinking of buying a house this year after tax season is over.
Give me a call or message and let's see if you can take advantage of one of these programs...
The California Dream For All Program (from California Housing Finance Agency) is back. It differs from other Down Payment Assistance Programs because it offers 20% Down Payment Assistance to Homebuyers. The 2023 Dream For All Program was so popular it ran out of funds within weeks! It's important that if you are interested that we get you Preapproved ASAP. Give me a call to get started!
Changes for the 2024 Dream for All Program:
* At least one Borrower has to be a "First Generation Homebuyer"
Determination of First-Generation Homebuyer Status • A first-generation homebuyer is defined as a homebuyer who has not been on title, held an ownership interest or have been named on a mortgage to a home (on permanent foundation and owned land) in the United States in the last 7 years, and; • To the best of the homebuyer’s knowledge whose parents (biological or adoptive) do not have any present ownership interest in a home in the United States or if deceased whose parents did not have any ownership interest at the time of death in a home in the United States, or; • An individual who has at any time been placed in foster care or institutional care (type of out of home residential care for large groups of children by non-related caregivers).
* Applicants must complete a pre-registration application to screen for eligibility through our DFA pre-registration portal • Qualified applicants will be randomly selected to receive a voucher once the portal is closed • Applicants must upload the CalHFA DFA Lender Pre-Approval letter completed by a CalHFA Approved Lender into the DFA pre-registration portal • A CalHFA Approved Lender must provide voucher number at time of loan reservation/lock in the CalHFA MAS System • More details about the pre-registration system will follow in early 2024.
Amanda Gonzalez DRE #02107692
(707)413.8756
[email protected]
