CALHFA 100% Financing for First Time Homebuyers in California

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The home buying market in California is tough. As a first time homebuyer without a non-occupant co-borrower or co-signer, can you really afford to purchase a home? Thanks to agencies like CAL-HFA, home ownership is possible with 100% financing.

CAL-HFA Program Requirements

*640 minimum FICO score

*Maximum debt-to-income ratio

*FHA, VA and Conventional loans available

*Non-occupant co-borrowers or co-signers are not allowed

Benefits of a CAL-HFA Loan

*0% interest program for down payment

*Lower Private Mortgage Insurance pricing

*First-Time Homebuyer, Teacher and School Employees eligible

*Limited FHA 203k for minor repairs only, no structural. Eligible $35,000 for minor repairs along with closing costs and down payment assistance.

House tools

Work with a CAL-HFA approved broker for wholesale pricing.

*24-48 hour pre-qualification

*Work with pre-approved brokers offering wholesale pricing

*Single Family Residences, Condos and Manufactured Homes eligible

*Ask your mortgage broker about California sales price limits in your county and the Fannie Mae Loan Limit

*Request the income limits in your area with a mortgage professional.

*We offer a free, no-obligation consultation for loans in California


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