Purchase your Home with $0 Down

Take advantage of different down payment assistance choices, you could qualify to purchase a home with $0 Down Payment. * On approved credit

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CalHFA

Down Payment & Closing Costs Assistance

A CalHFA approved Lender will qualify you for a home loan, so you will  need to apply with one of our Preferred Loan Officers or approved  Lenders. American Best Realty works with lenders approved to provide it.  The loans  that CalHFA offers to homebuyers can have different criteria  for income limits, minimum credit scores, citizenship etc. To learn  about specific requirements and benefits for each program, please  contact Us.

In general these are borrower eligibility requirements for all CalHFA programs:

- You must be a U.S. citizen, permanent resident or other qualified alien.
- You will need to meet credit, income limits and loan requirements of the CalHFA-approved lender and the mortgage insurer.
- You will need to live in the home you are purchasing for the entire term of the loan, or until the home is sold or refinanced.
CalHFA  borrowers must complete homebuyer education counseling and obtain a  certificate of completion through an eligible homebuyer counseling  organization.
CalHFA's down payment programs MyHome and School  Teacher and Employee Assistance Program and the MCC require you to be a  first-time homebuyer. To know for sure, you should understand that a  first-time homebuyer is defined as someone who has not owned and  occupied their own home in the last three years. That means if you've  never owned a home, you're a first-time homebuyer. It also means that if  you owned your home three or more years ago, but sold it, you are right  back to being a first-time homebuyer again, and you can take advantage  of all of the benefits of CalHFA's first-time homebuyer programs.


You could qualify for Down Payment Assistance and purchase a home with $0 down., and also get your closing costs covered. Call us for a free, no commitment additional Information and take advantage. 

*On approved credit.


Yesid F Rojas

Mortgage Broker

NMLS 407751

American Best Realty

NMLS 1242147 

FHA Loan Limits by County