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California FHA Loans

FHA Loan Information for California                                               














FHA News

FHA loans benefit homebuyers by providing low down payment options and credit criteria more flexible than conventional loans. (FHA loans)


FHA Streamline Refinance

FHA streamline refinance loans make it easier for homeowners with current high rate FHA loans to refinance their mortgage.  Streamline refinance loans do not require appraisals (streamline refinance Loans)


Down Payment Assistance

CHDAP- California Homebuyer's Down payment Assistance Program Offers a deferred-payment subordinate loan in the amount of (3%) of the purchase price or appraised value, which ever is less to be used for down payment and/or closing costs

(down payment assistance)






CHDAP- California Homebuyer's Downpayment Assistance Program



Eligible first time homebuyers may purchase a home with a down payment as low as one half of one percent of the purchase price (.05%) by qualifying for the California Homebuyer's Downpayment Assistance Program (CHDAP).  The CHDAP Program is a junior loan with a simple interest and deferred payment. The CHDAP loans are available to eligible homebuyer's in an amount up to 3% of the sales sales price or the appraised value of the property- whichever is less.




Highlight's of CHDAP- California Homebuyer's Downpayment Assistance Program

1- Available to eligible first time homebuyer's

2- Homebuyer's must meet credit, income, and loan requirements of CalHFA, their CalHFA lender, and the mortgage insurer/guarantor

3- The CHDAP loan may be used toward the home buyer's down payment or closing costs associated with eligible CalHFA loans or approved non-CalHFA first mortgage loans.

4- Homebuyer must take and complete a homebuyer education course and receive a homebuyer education counseling certificate.