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CalHFA Homeowners
Lenders/Realtors/Nonprofits
Is there a maximum amount borrowers can put down from their own assets with the MyHome program?
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Article Information
Article Information
KBID
526
Date Created:
4/29/2016
Date Modified:
1/31/2020
Link
Rating:
8.00 out of 10 (1 Rating)
There is no maximum amount from a borrower's own funds, although keep in mind that one of the ideas behind MyHome is that the borrowers don't need to deplete their bank account.
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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Is there a maximum amount borrowers can put down from their own assets with the MyHome program?
https://www.fuzeqna.com/calhfa/ext/kbdetail.aspx?kbid=526
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Password
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Retype Password
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First Name
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Last Name
You must supply a last name.
Birthdate
(mm/dd/yyyy)
You must enter a birthdate.
The birthdate entered is invalid.
The birthdate entered is invalid.
Company
WARNING:
Password Security Question
Name of High School graduated from
Last name of favorite teacher
Son's middle name
Daughter's middle name
Pet's name
Square footage of home
First girlfriend's/boyfriend's name
What city were you born in?
On what street did you grow up?
What is your mother's maiden name?
What was your high school mascot?
Password Security Answer
You must provide an answer to the password security question in order to recover your password if lost.
Favorite Color
To improve security, you must provide a favorite color.
Terms of Use
I agree to the terms of use.
Your inquiry is being encrypted to protect your privacy.