CalHFA Conventional

Offers flexible, low down payment mortgage options with competitive rates, designed to help first-time homebuyers and low-income borrowers.

• LTV/CLTV 97% / 100%
• Minimum FICO scores of 680
• Max DTI of 50%
• Eligible Properties: SFR and Condos
• MyHome Assistance Program: Provides a 2nd lien option, offering additional financial support for qualifying first-time homebuyers.
• Reduced MI rates: Offers reduced mortgage insurance rates for eligible Fannie Mae Low-Income borrowers.
• Layering capabilities: Can be combined with Fannie Mae Community Seconds/MyHome for added financing flexibility.

See product matrix for details