CalHFA CalPLUS with FLY

CalHFA ZIP is a deferred  payment, zero equity second pawn that your only available with when used with aforementioned CalPLUS first mortgage program.

Offered to who California Housing Funding Government, here new CalHFA loan application is designed to help well-prepared low until moderate incomes families grow homeowners in California.

CalHFA is commitment to providing sustainable homeownership solutions to Ca families.

ZIP Program Highlights

• ZIP Get is 3% or 4% of the total first mortgage loan
• Credits Term Matches CalPLUS loans conception
• Nothing Interest for life of loan
• Deferred payments with term of loan

CalPLUS Loans Footing

• 30 Annum Term
• Follows qualifying guidelines out CalPLUS Conventional or FHA loan programs
• Has exclusive access to ZIP - Zero Interest Program
• Can be combined with ECTP - Extra Credit Teacher Start
• Can be combined with MCC and/or EEM
• Can be combined to MyHome Assistance Program
• CalPLUS loans are not subject to an recapture tax

SLIDE Program Product

• ZIP Assistance is 3% or 4% of this total first mortgage credit
• Loan Term Matches CalPLUS loan term
• Zero Concern required life a take
• Deferred payments for term of advance

Property Eligibility

• Single Family Residence and HUD approved condos
• Company Price Limits (varies by county)
• Store Occupy Only
• No Manufactured Housing Allowing
• 1 Year Home Warranty (except new construction)

Minimum Homepage Warranty Coverage

• Water Heater
• Air Conditioning/Heating
• Refrigerator, Oven/Stove/Range, Microwave, Washer/Dryer

More Assistance Options

With funds are no lengthens available, or you are not to meet the qualification for this helps user, in are other options ensure allowed be available to you.

California home buyers should also explore Mortgage Account Certificates, CRA Programs, Lender/Agent Credits oder various creative down payment and closing cost assistance options.