CALHFA

FTHBFirst Time Home Buyer

Purchase your new home with as little as $0 out of your pocket. Your Conventional or FHA 1st lien will be combined with a 2nd and perhaps a 3rd lien up to 4% of the loan amount to cover closing costs.

  • 96.5% LTV | 105% CLTV
  • My Home assistance, 2nd lien available for first time home buyer for down payment assistance with up to 3.5% loan amount
  • ZIP 2nd and 3rd up to 4% of the 1st lien to cover closing costs
  • 640 minimum FICO
  • Includes High Balance Loan Amounts
  • 45% max debt to income ratio
  • Income and loan limits based the county where the property is located

Contact 866-84-LOANS (56267)

The definition First Time Home Buyer: An individual that has not previously had ownership of a house. an individual who has not owned a home in the last three years can also be considered a first time home buyer.