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cal hfa: Home Buyer Programs Available Including Down Payment Assistance, Federal Tax Credit, and Low Down Payment First Mortgages for First Time Buyers - 07/16/09 03:38 PM
American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles. City of Los Angeles Housing Department’s Mortgage Credit Certificate Program (MCC) – Allows an eligible homebuyer to claim an annual federal income tax credit and is applied to a portion of the total mortgage interest paid every year for the duration of the first mortgage loan. Neighborhood Stabilization Program – Up to $75,000 for low income and $50,000 for moderate income when purchasing foreclosure or foreclosed properties located within the NSP Priority Area. 2009 Federal Tax Credit (IRS … (0 comments)

cal hfa: CalHFA Conventional Loan offers upto 95% financing. - 07/06/09 10:17 PM
Great news!!! CalHFA now has funding and is offering the 95% first mortgage which can be combined with upto 3% of the purchase price for down payment assistance with the CHDAP program.
CalHFA Cal30-The Cal30 Conventional loan offers up to 95% financing. This first mortgage loan may also be combined with CalHFA junior loan programs for down payment and closing cost assistance to make owning your first home more affordable.
California Homebuyer's Downpayment Assistance Program (CHDAP)Offers a deferred-payment junior loan of an amount up to the lesser of three percent (3%) of the purchase price or appraised value.
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cal hfa: California Budget Woes cause Temporary Suspension of Some CalHFA Programs - 01/23/09 09:16 PM
 Here's a list of programs currently available:
·         American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles.
·         City of Los Angeles Housing Department's Mortgage Credit Certificate Program (MCC) - Allows an eligible homebuyer to claim an annual federal income tax credit and is applied to a portion of the total mortgage interest paid every year for the duration of the first mortgage loan.
·         SRAR First Time Home Ownership Grant - Southland Regional Association of Realtors currently offers a $4000 grant to low- and moderate-income … (1 comments)

cal hfa: Down payment assistance program for first time homebuyers--100% Financing Available - 03/04/08 12:27 AM
Good news to first time home buyers in California, especially the Los Angeles area. 
Cal HFA (California Housing Finance Agency) has 100% Financing for a 30 year fixed with downpayment assistance available!!!
(CHDAP) California Homebuyer's Downpayment Assistance Program now offers 3% towards down payment or closing costs.
The funding comes from the State of California through the issuance of revenue bonds.
Please contact me at 818-357-9658 for details on the qualifications.
Thank you for reading my blog and I appreciate any comments.  Thanks Jason
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Jason Hector, Realtor, CDPE, SFR HAFA Certified

Northridge, CA

More about me…

San Fernando Valley, Santa Clarita and Simi Valley, CA

Address: Northridge, CA, 91326

Office Phone: (818) 626-6469

Cell Phone: (818) 357-9658

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San Fernando Valley Realtor Specializing in Foreclosure and Short Sales in the Los Angeles and Ventura Counties.


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