Down Payment Assistance Income Limits Increase

Posted Leave a commentPosted in First Time Homebuyers, Loan Progams, Mortgage Knowledge

BIG News- CalHFA just announced a huge change to their down payment assistance income limits. CalFHA offers down payment and closing cost assistance to first time homebuyers purchasing in California. The program is intended to help low and moderate income families which means that there are income limits that must be met. Up until the […]

Down Payment Assistance Program Announcement

Breaking News: Down Payment Assistance programs take a hit in San Diego!

Posted Leave a commentPosted in First Time Homebuyers, Loan Progams

Breaking News: Down Payment Assistance programs take a hit in San Diego! On Tuesday evening , The San Diego Housing Commission (SDHC) notified all  participating lender of a big change to the Down Payment Assistance programs guidelines. Both the City of San Diego and San Diego County programs are affected by the changes. The SDHC announced […]

How to qualify for a bigger home using down payment assistance.

Posted Leave a commentPosted in Buyer Tips and Advice, First Time Homebuyers

How to qualify for a bigger home using first time homebuyer down payment assistance.   You have been dreaming of buying a home for what seems like forever. You found the perfect home. It has the right number of bedrooms, the right size yard and it’s in your dream neighborhood. You are ready to sign […]

Use Down Payment Assistance

Is down payment assistance available in San Diego? Yes! Aug 2016

Posted Leave a commentPosted in Buyer Tips and Advice, First Time Homebuyers, Loan Progams

Is down payment assistance available in San Diego? Yes! Aug 2016 That’s right, after months of waiting, the City of San Diego and San Diego County now have funds for their down payment assistance and closing cost grants programs. There are two down payment assistance programs available in San Diego There is the San Diego […]

New Income Limits and guidelines for CA Downpayment Assistance Program

Posted Leave a commentPosted in Buyer Tips and Advice, Loan Progams, Mortgage Knowledge

New Income Limits and guidelines for CA Downpayment Assistance Program The California Homebuyer’s Downpayment Assistance program (CHDAP) is a 2nd lien loan with deferred payments and simple interest.  The program is intended to assist low to moderate income first time homebuyers in California with a loan that can be used for down payment and/or closing costs.  The loan […]

California Homebuyer’s Downpayment Assistance Program (CHDAP) Announces changes

Posted Leave a commentPosted in Buyer Tips and Advice, Mortgage Knowledge

California Homebuyer’s Downpayment Assistance Program (CHDAP) Announces changes the California Homebuyer’s Downpayment Assistance Program (CHDAP) is one of the programs offered by the California Housing Finance Agency (CalHFA) to assist First Time Homebuyers in purchasing a home. The recent changes to the program will expand the number of qualified applicants by eliminating the minimum borrower contribution and […]