CalHFA Incentive Changes Effective December 16th

CalHFA The most popular bond/down payment assistance program across California has made some slight changes in regards to the qualifying requirements.

The most recent are that you must have a 660 FICO or above. For any lock's effective after December 16th the incentive received for the MyHome program will no longer be 3.5% and only limited to 3%. This can cause a slight increase in the amount that may be needed to close.

If you need to move fast, please apply online here: www.LoansReduced.com or give me a call at 619-379-8999

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