Let's talk about California Dream For All Program- 20% Down Payment Assistance. This is huge in the real estate industry considering rates are getting worse. But is this this program hype or the real deal?
The California Housing Finance Agency will be the administrator for the California Dream for All program, as laid out in Senate Bill 197. CalHFA is authorized to provide shared-appreciation loans to help low- and moderate-income first-time homebuyers achieve homeownership. The shared appreciation loans will provide funding to assist with down payments and closing costs.
New Way Mortgage, Inc. dba The New Way Home NMLS 1939382 CA DRE #02112174 Equal Housing Opportunity Aaron Clowes NMLS 200900 CA DRE 02113379 Jennifer Remedios NMLS 281014 CA DRE 01727611