This training is for CalHFA business partners, including lenders, real estate agents, and housing counseling agencies. The information here will help you to understand the new program guidelines and procedures to educate your clients regarding whether a shared appreciation loan is right for their circumstances and how to apply.
Visit https://www.calhfa.ca.gov/dream for more information on the program.
What is the CA Dream For All Loan Program 00:30
Key Features of the Program 01:01
Eligibility Requirements 02:00
Property Requirements 03:35
Allowable Fees 04:33
Homebuyer Education 04:56
First Generation Eligibility 06:04
Loan Delivery and Registration System 07:12
Geographic Balance 10:02
Shared Appreciation Example 11:31
Shared Maximum Appreciation Owed 12:52
Things to Consider 13:32
CalHFA Contact Information 15:01