2024 CalHFA Dream for All Program Guidelines Officially Released

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=DpztbL42egk

January 18, 2024: CalHFA published the official program guidelines for the 2024 Dream for All Shared Appreciation Loan Program. A summary of the new program guidelines is below. We can now review your eligibility for the program and issue preapprovals while we wait for the CalHFA registration and lottery system to be published. • Apply at www.JasonMata.com • Income limits are a bit higher than expected. The complete list can be found at https://www.jasonmata.com/californiad... • Sacramento - $180,000 • Alameda - $234,000 • Santa Clara - $287,000 • San Joaquin - $158,000 • Los Angeles - $155,000 • Orange - $202,000 • Riverside - $149,000 • San Diego - $185,000 • Borrower(s) must be first-time homebuyers • At least one borrower must be a First-Generational Homebuyer: • Cannot have held an ownership interest in a home, been on title, or named in a mortgage in the past 7 years • Homebuyer's parents do not have any present ownership interest in a home in the United States • Borrower(s) are eligible for 20% or $150,000 in assistance - whichever is less • The cap on additional down payment provided by the borrower is 5% • CalHFA is currently working on its registration and lottery system, set to launch in Spring 2024 • We are now issuing preapprovals to borrowers for the Dream for All Program. This preapproval is the first step in the process. You cannot shop for a home until you register with CalHFA and are chosen through the lottery system in Spring 2024. • Follow us on Instagram for more updates! ‪@jmatamortgage‬ • #calhfa #downpaymentassistance #financialtips #dreamforall #homebuyers

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