CalFHA has several prgograms described here and offered by the State of California. They can stamd alone or combined with other programs for low and moderate income borrower to help purchase a single family home. Work with your loan broker to get qualified.

CalFHA Offers a "Slient 2nd Loan" With An Zero Interest Home Loan Program!

The State of California offers a variety of loan programs through CalFHA they include the following:

CalPLUS FHA Loan Program - This program is a FHA-insured loan featuring a CalFHA fixed interest 1st mortgage on the conventional market. This loan is fully amortized for a 30-year term and is combined with the CalFHA Zero Interest Program (ZIP) for down payment assistance and/or closing costs.

CalHFA FHA Loan Program - This program is an FHA-insured loan featuring a CalHFA fixed interest rate 1st mortgage. This loan is fully amortized for a 30-year term.


Cal-FEM+ Grant Program - This program combines an FHA-insured Energy Efficient Mortgage 1st mortgage loan with an additional CAl-FEM Grant making energy efficient improvements even easier. The interest rate on the Cal-FEM is fixed 30-year term.

Education Requirement

CalFHA requires that all first-time homebuyers using a CalFHA program to complete a Homebuyer Education course in-person or online and must present either a hard or online copy of the education counseling certificate. Contact CalFHA for the where to take these courses.

Keep Your Home California

This is a series of programs that are designed to keep you in your home if you are underwater with your mortgage all with federal backing in conjunction with CalHFA is at no cost to homeowner:

1. Principal Reduction Program - is one CalFHA MAC's federally-funded programs are intended to provide to capital to homeowner who have eligible hardship that will allow them to reduce their outstanding principal balance on qualified properties with negative equity or they can not afford their first mortgage payments. This program is designed for low-to-moderate income based on household income as set by the county in which the homeowner lives. Visit: for a complete description of this and the CalMAC's Programs.

2. Transition Assistance Program - This is also a federally-funded program that provides assistance to allow eligible homeowners to transition when the they no-longer can afford their home. This programs will make funds available in conjunction with either a short sale or deed-in-lieu programs to help make the transition to new housing smoother. The funds available are $5,000 per houshold and can be uses with other CalFHA MAC HHF programs. For specific details visit:

3. Mortgage Reinstatement Assistance Program - this program is designed to provide financial help to eligible homeowners who want to remain in their home. However, they must be unfortunately in imminent danger of losing their home in foreclosure. This program provides the funds that income-qualified homeowners to pay the deliquent first mortgage loan, the back unpaid balance and those payment need to reinstate loan and keep it from foreclosure. If you are in situation of loosing your home this program could help you save it. Contact:

Keep Your Home California, CalFHA Has Programs To Save Your Home!

If you are underwater with your mortgage, and wish to keep your home, CalFHA several helpful programs to keep your home. This program is offered through CalFHA at NO COST, there is never a fee. So don't pay anyone who says they will get you qualified for a fee.

If anyone does suggest a fee call CalFHA Compliance and report this fraulent activity at 916.326.8686!







 4. Unemployment Mortgage Assistance - provides termpory financial assistance to eligible California homeoweners who want to remain in their homes, but they have a loss of income due unemployment or underemployment. This program provides mortgage payment help equal to lesser of $3000 per month or 200% of the PITI and HOA Dues or Assessments for up to a year and a half (18 month) to prevent avoidable foreclosures until the homeowner regains employment sufficent to meet the demands of mortgage payments. For more details contact:

Down Payment Assistance Programs

The down payment can be problem especially for the 1st time home buyer. Cal FHA offers options for down payment and closing cost assistnce. These are offered in the form of "silent seconds", which means that the payments for this loan is deferred so the borrower does not make a payment on this assistance until your home is sold, refinanced or paid in full. This helps keep the monthly payment affordable.

MyHome Assistance Program - Offers a deffered-payment program junior loan of an amount up to the lesser of three percent (3%) of the purchase price or the appraised value to assist with down payment and/or closing costs.

Extra Credit Teacher Home Purchase Program (ECTP) - This program is available to eligible teachers, administrators, classified employees and staff members working in high priority schools in California. Offers a deferred-payment junior loan of an amount not to exceed the greater of $7,500 or 3% of the sles price or CalFHA -defined high cost areas an amount not to exceed the greater of $15,000 or 3% of the sales price. Assistance can be used for down payment.

Other Partnership & Program Optiions

Mortgage Credit Certificate Tax Credit Program (MCC) - This is federal credit can reduce potenitial income tax liability, creating additional net spendable income, which borrowers may be used toward their monthly mortgage payment . This program may allow the 1st time home buyer to convert a portion of their annual mortgage interest into a direct dollar for dollar tax credit on their U.S Federal individual income tax return.

Individual Development Accounts

IDA's are special savings accounts designed to assist low income borrowers on their path toward ownership of a long-term asset, such as a home, through matched contributions by nonprofit organizations may offer up to a 3:1 saving match (ie., if you save $1,000, you will receive and additional $3,000. To find an orgization that offers IDA program please click here:

For CalFHA or FHA, USDA, VA apply online using BLINK safe, secure, password protected online application right now! Just click on the BLINK button:




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He is very well versed in the mortgage process, and is very patient. He is by far the best broker we've have ever worked with, and always has his customers well being at the forefront of all that he does. To this day anytime, I have a mortgage question I ask Jaren.

I had him help my parents, and my children in financing their properties as well. Anytime any of my friends took to financing I send them to Jaren. Hands down I do not think there is a better mortgage broker than Jaren Dahlstrom."

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