The CalHFA FHA offers financing up to 105% of the purchase price or appraised value whichever is less. To make buying a home more affordable, down payment and closing cost assistance may be obtained when combining this CalHFA first mortgage with CalHFA junior loan programs.
No first time home buyer requirement however you cannot own any other homes at the close of escrow. Minimum FICO score 640 or 660 for Manufactured Homes. First time homebuyer course must be completed and certificate signed, then delivered to us.