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CalHFA Homeowners
Lenders/Realtors/Nonprofits
Can we use CalHFA down payment assistance with the Fannie Mae Homepath loan?
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KBID
517
Date Created:
4/24/2012
Date Modified:
1/18/2018
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We require that our down payment assistance programs be used with a CalHFA first, so unfortunately a HomePath loan would not work.
CalHFA does not lend money directly to consumers. CalHFA works through and uses approved private lenders to qualify consumers and to make all mortgage loans. CalHFA purchases closed loans that meet CalHFA's requirements. The fees consumers pay could be different depending on the lender and the program.
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Can we use CalHFA down payment assistance with the Fannie Mae Homepath loan?
https://www.fuzeqna.com/calhfa/ext/kbdetail.aspx?kbid=517
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