understand these programs and understand the drawbacks and benefits.
Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 - Office
(209) 915-6209 - Mobile
"Committed to your success!"
CHF Access half percent downpayment program requires a minimum 580 fico score to qualify and which can contribute towards your closing costs as well. There is a second payment under $50 dollars for the other 3% borrowed. You can buy and live there for one year before you can sell or rent it out and buy another.
CHDAP half percent downpayment program requires a minimum 640 fico score to qualify and can contribute towards your closing cost too. You cannot rent it out the whole term of the loan. The second loan of 3% for your downpayment is a silent second which has no payments until you sell or refinance.
Both of these loan prorgrams have different income guidelines and it all depends on your income, number in the household and price of the home. It only takes a few dozen questions to qualify you in minutes for the many loan programs I offer. Here is a video and some links to study and consider.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
9am till 9pm 7 days