Mortgage Video & Blogging Community

For a limited time, up to 99.5 % financing is being offered to increase home ownership opportunities to individuals and families in California. You can purchase a home with a FHA Loan for as little as .5% down payment.  Yes! That’s right! As little as a 1/2% down payment.

Call Jeff Sloan at (909) 475-7069 to learn more about the details of this program.

CHF has negotiated with FHA to allow a second mortgage to cover 3% of the 3.5% required
down payment by using the CHF Access down payment assistance loan.

Eligibility Guidelines:

• Not Limited to just first time home buyers.
• 3% 2^nd loan can be used for down payment or to pay closing costs.
• No minimum FICO score required.
• No Sales price limits.
• No minimum borrower contribution.
• No pre-pay penalties.
• Gift funds are allowed from family members.
• Seller contributions allowed, up to 6%.
• Income limits are 120% of HUD AMI.
• 2^nd loan (CHF Access) is 15 year fixed @ 8.5%.
• No recapture tax / penalty if home is sold later on.

Call Jeff Sloan at (909) 475-7069 to learn how you can qualify for this program.