Found you money to help you buy your home
Jan 21, 2019•3 min•Season 1Ep. 5
Episode description
Interviewing Molly Ellis (Lender Training Specialist with CalHFA)
In this episode we are discussing CalHFA Conventional Loan program.
- This program is for First Time Home Buyers or Non First Time Home Buyers
The CalHFA Conventional program is a Fannie Mae HFA Preferred™ fully amortized thirty (30) year fixed interest rate first mortgage. This loan is combined with either the MyHome Assistance Program (MyHome) or the School Teacher and Employee Assistance Program (School Program).
CalHFA defn: First Time Home Buyer
- is a borrower who has not had an ownership interest in any principal residence during the previous three years.