🏦 Statewide Programs via CalHFA (California Housing Finance Agency)
1. CalHFA FHA Loan
- 30-year fixed-rate mortgage backed by the Federal Housing Administration.
- Designed for first-time buyers purchasing a single-family home or approved condo.
2. CalPLUS FHA Loan
- Similar to the CalHFA FHA loan, but with a slightly higher interest rate.
- Comes bundled with ZIP (Zero Interest Program) for closing cost assistance.
3. CalHFA Conventional Loan
- Fixed-rate, 30-year mortgage for conventional buyers.
- Requires private mortgage insurance if the down payment is under 20%.
4. CalPLUS Conventional Loan
- Higher interest rate, but includes MyHome and ZIP assistance for down payment and closing costs.
5. CalHFA VA Loan
- For eligible veterans and active-duty service members.
- 30-year fixed-rate loan for single-family homes or condos.
6. CalHFA USDA Loan
- For rural areas, it includes down payment help via MyHome.
- Must meet USDA income and location requirements.
Programs may change without notice or be terminated.
You can also call me, or text me: 424-347-0229
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