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NMLS# 243348
Full-Service Loan Originators
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CALHFA ASSISTANCE
THE LOAN LADY Home Loans
CALHFA ASSISTANCE PROGRAM FOR CALIFORNIA HOMEBUYERS
CalHFA Government Loans (FHA)
MyHome provides a junior loan with deferred payments, covering up to 3.5% of either the purchase price or appraised value, to help with down payments and/or closing costs.
CalHFA Conventional Loans
MyHome provides a deferred-payment junior loan of up to the lesser amount between 3% of the purchase price or the raised value to help with down payment and/or closing costs.
ZIP Closing Cost Assistance:
Zero Interest Junior Loan
Up to 3% of the first mortgage loan amount in a deferred payment junior loan
CLIENT TESTIMONIAL
"The Loan Lady Club was able to help me out with a pre-approval with in one hour!!
Joanna provided great customer service and help me out so quickly. Highly recommend!!"
Selina L., Parkway Estates, Sacramento, Northern California
CALHFA ASSISTANCE
PROGRAM ELIGIBILITY
Please review the guidelines below for Borrower and Property Requirements to see if qualify to apply for the MyHome Assistance Program.
Borrower Requirements
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Be a first-time homebuyer. See the definition of a first-time homebuyer.
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Occupy the property as a primary residence; non-occupant co-borrowers are not allowed.
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CalHFA borrowers must complete homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.
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Meet CalHFA income limits for this program.
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https://www.calhfa.ca.gov/homeownership/limits/income/income.pdf
View CalHFA income limits https://www.calhfa.ca.gov/homeownership/limits/income/income.pdf
*In the case of conflicting guidelines, the lender must follow the more restrictive.
Property Requirements
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Be a single-family, one-unit residence, including approved condominium/PUDs
Guest houses, granny units and in-law quarters may be eligible
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Manufactured housing is permitted
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Condominiums must meet the guidelines of the first mortgage
ENGLISH
SPANISH
CALHFA ASSISTANCE
PROGRAM ELIGIBILITY
Property Requirements
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Be a single-family, one-unit residence, including approved condominium/PUDs
Guest houses, granny units and in-law quarters may be eligible
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Manufactured housing is permitted
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Condominiums must meet the guidelines of the first mortgage
How to Apply
How do I apply for this loan program?
Since CalHFA is not a direct lender, the CalFHA mortgage products are offered through private loan officers - The LOAN Lady Home Loans, who have been approved & trained by our CALIFORNIA HOUSING FINANCE AGENCY.
The LOAN Lady Home Loan officers can help you find out more about CalHFA’s programs and guide you through the HOME BUYING Process.
What documents should I have ready when contacting The LOAN Lady Home Loans Mortgage Officer?
When initially contacting the loan officer, you may want to have this list of documents and information available to help answer questions that they will ask you:
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Pay stubs (most recently issued pay stubs covering 30 consecutive days worked)
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W-2 forms for all Employers in the last 2 Calendar Years
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Driver's License or Passport
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Bank Statements
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Employment History
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Previous Tax Returns
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Mortgage Statement for Properties you currently own
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