Homebuyer Down Payment Assistance Program

Homebuyer Down Payment Assistance Program The CHDAP is a deferred payment junior loan – up to 3 percent of the purchase price or appraised value, whichever is less. Financing can be used to cover California down payment and/or closing costs. Only California borrowers who are first time home buyers can qualify. Qualifying income limits and purchase price limits are set by county.

Leave a Reply

Your email will not be published. Name and Email fields are required.

This site uses Akismet to reduce spam. Learn how your comment data is processed.