Conventional Loans
* interest only PLUSSM
This conventional mortgage loan offers up to 100% financing and allows borrowers to pay only the interest for the first five years of a 35-year term. After that, borrowers pay principal and interest at the same low, fixed interest rate for the remaining 30 years.
* 40-Year Fixed Mortgage
This conventional mortgage loan offers up to 100% financing with a 40-year term and a low, fixed interest rate.
* 30-Year Fixed Mortgage
This conventional mortgage loan offers up to 100% financing with a 30-year term and a low, fixed interest rate.
Government Insured/Guaranteed Loans
* 30-Year Fixed Government Insured/Guaranteed Mortgage
This program is for mortgage loans that are insured or guaranteed by FHA, VA or USDA and features a 30-year term with a low, fixed interest rate.
DOWN PAYMENT ASSISTANCE LOAN PROGRAMS
* Affordable Housing Partnership Program (AHPP)
A joint effort by a California State Government Agency, cities, counties, redevelopment agencies and housing authorities whereby a deferred payment subordinate loan from a locality is utilized by the first-time homebuyer to assist them with down payment and/or closing costs.
* Housing Assistance Program (CHAP)
Offers a deferred-payment junior loan of an amount up to the lesser of three percent (3%) of the purchase price or appraised value.
* 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.
* Extra Credit Teacher Home Purchase Program (ECTP)
A low interest rate CalHFA first loan, together with a forgivable interest CalHFA junior loan to assist eligible teachers, administrators, staff members and classified employees to purchase their first home.
* High Cost Area Home Purchase Assistance Program (HiCAP)
Designed to assist first-time homebuyers in the highest housing cost areas of the state.
* School Facility Fee Down Payment Assistance Program (SFF)
A conditional grant program that provides assistance to buyers of newly constructed homes throughout California.
1st Time Home Buyer Loans
Up To 100% Financing
