#calhfa #downpaymentassistance #californiahomes
CAlHFA Dream For All Loan Requirements 2023
The State of California’s Housing Finance Authority just rolled out an amazing down payment assistance program called Dream For All Shared Appreciation program that allows you to buy a house, giving you 20% of State sponsored money. So essentially you may be putting 0% to very little money out of your pocket. Because this program just rolled out on March 27th, there is a lot of mixed information out there. So in today’s video Karan will clear all doubts and share with you exactly how you can qualify for this program. He will go over the guidelines and answer some really important questions that will help you understand the benefits of this down payment assistance loan program.
How to connect with me:
⚡️ Free one on one 15 min consultation ➡️
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CalHFA County Household Income Limits:
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Fannie Mae Low Income Lookup Tool (Low Income = 80% Average Median Income):
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00:00 Introduction
01:07 How It Works
03:14 Loan Requirements
07:09 What does shared appreciation mean?
09:52 Triggers To Pay Loan Off
12:31 Commonly Asked Questions
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QUESTIONS — Have a question about your local Real Estate Market? Post in the comments section of this video!
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Karan Singh
CA DRE #: 01954833
Company NMLS #: 1315421
Personal NMLS #: 448464
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