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First-Time Homebuyers
Lenders/Realtors/Nonprofits
I have a borrower doing the CalPLUS, MyHome, and ZIP combo. The appraised value came in lower than original. Can the borrower get a gift to make up the difference?
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KBID
537
Date Created:
6/16/2016
Date Modified:
1/31/2020
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Yes. Gift funds may be used for this purpose.
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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I have a borrower doing the CalPLUS, MyHome, and ZIP combo. The appraised value came in lower than original. Can the borrower get a gift to make up the difference?
https://www.fuzeqna.com/calhfa/ext/kbdetail.aspx?kbid=537
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and contact us immediately.
Email
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Confirm Email
Please enter your email address.
The email addresses entered don't match. Please correct.
Password
Password not entered
Please choose a password composed of 6 to 20 varied letters, numbers and special characters, without whitespace characters or any of the following special characters: ' " / \ < >
Retype Password
The retype password must be the same as new password to confirm your password change. Please re-enter the retype password.
First Name
You must supply a first name.
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.