|
Owning a home may be easier than you thought possible with the CHF ACCESS Down Payment Assistance Program. The Program is designed to assist low-to-moderate income homebuyers with the purchase of a home, by providing a means to finance most of the associated down payment.
The Program combines a 30-year fixed interest rate FHA First Mortgage Loan with down payment and/or closing cost assistance from CHF in the form of a low fixed interest rate Second Mortgage, making combined financing up to 99.5% of the purchase price possible. It is available for purchases of both new and existing homes, as long as the home will be the primary residence of the homebuyer, and does not require that the homebuyer be a first-time homebuyer. Those who may have owned a home in the past are still eligible to apply for CHF ACCESS.
Click here to view a CHF ACCESS Flyer containing program highlights†.
HOW TO GET STARTED
To get started, simply contact any of the branch offices for First Mortgage Corporation (FMC), the Participating Lender for the CHF ACCESS Program. - FMC loan officers are here to help you every step of the way, from answering questions to processing your loan. They will provide you with complete program guidelines and eligibility information, quote current interest rates and applicable APRs, supply loan applications and guide you through the home buying process.
If you would like additional information or a direct referral to an FMC branch near you, you may also Contact Us.
Program highlights†
- Down payment and/or Closing Cost Assistance
- Not Limited to First-Time Homebuyers
- Purchase of Primary Residences Only
- New or Existing Homes Eligible
- Income Limits up to 120% HUD AMI
- Available throughout California
Click here to view a CHF ACCESS Flyer
†Certain restrictions apply on all CHF Programs. See your CHF ACCESS Approved Lenders for complete program guidelines.
