Program Highlights
- Down Payment Assistance (Currently in the form of a grant not a bond)
- For The Purchase of Primary Residences in California
- New or Existing Properties are Eligible
- Program is NOT limited to First-Time Homebuyers
Qualifications
Thousands of people each year dream of becoming homeowners. The CHF Platinum Program may help that dream become reality.
This home buyer assistance program currently provides low-to-moderate income families and individuals with a grant that does not have to be re-paid. Many times this allows them to purchase a home much sooner than they thought possible.
Here’s a quick break down of Income Qualifications for your County.
Only in California
The program is available for the purchase of an owner-occupied single family residence (SFR), approved condo or planned unit development located in the state of California. The grant made possible through the program can be used towards the homebuyer’s down payment and/or closing costs on a 30-year fixed-rate fully amortized FHA Mortgage Loan.
Available for purchases of both new and existing homes and is NOT limited to the first-time homebuyers.
source:http://chfloan.org/Programs/Platinum/Platinum_HB_Flyer_Contact_CHF.pdf
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