New 20% Down Payment Program For California Home Buyers!

New California Dream For All Program - 20% For Down Payment and/or Closing Costs. Are you a Californian looking to buy a home but struggling to come up with the down payment? Don't worry, there are options available to you. The Cal HFA Dream For All Program is a down payment assistance program designed to help first-time homebuyers in California achieve their dream of homeownership. The Cal HFA Dream For All Program is offered by the California Housing Finance Agency (CalHFA). It provides eligible homebuyers with down payment and closing cost assistance up to 20% of the purchase price of the home. The program is available to all first-time homebuyers who meet certain income and purchase price limits. One of the main advantages of this program is that it allows homebuyers to purchase a home with a lower down payment. This means that you won't have to save as much money upfront to buy a home. Instead, you can use the down payment assistance to lower your out-of-pocket costs and make homeownership more affordable. Another benefit of the Cal HFA Dream For All Program is that it can be used in conjunction with other mortgage programs. This means that you can combine the down payment assistance with other programs that offer low-interest rates or reduced mortgage insurance premiums. By doing so, you can save even more money over the life of your loan. To be eligible for the Cal HFA Dream For All Program, you must meet certain income and purchase price limits. These limits vary depending on the location of the home and the number of people living in the household. Additionally, you must be a first-time homebuyer, which means that you have not owned a home in the past three years. If you are interested in applying for the Cal HFA Dream For All Program, you should work with a qualified lender who is familiar with the program. Your lender can help you determine if you meet the eligibility requirements and guide you through the application process. In conclusion, the Cal HFA Dream For All Program is a great option for first-time homebuyers in California who need help with their down payment. By using this program, you can lower your out-of-pocket costs and make homeownership more affordable. If you are interested in this program, be sure to work with a qualified lender who can help you navigate the application process. I'm happy to refer you to a local reputable/trusted lender.    Juvenal Cazares III | REALTOR DRE#01743817 | REAL BROKER  Cell; 559-708-1604 jcazares@fresnoluxury.realestate www.FresnoLuxury.RealEstate