CALIFORNIA HOUSING FINANCE AGENCY CalPLUS …
CALIFORNIA HOUSING FINANCE AGENCYCalPLUSSM FHA loan Program LAST REVISED: MAY 1, 2018CALPLUSSM FHA loan PROGRAM22018 CALIFORNIA HOUSING FINANCE | ( )I. Program Summary 1II. Eligibility 1a. Borrower Requirements b. Homebuyer Education c. First-Time Homebuyer Definition d. Owner Occupancy e. Property Requirements 2f. Lender Eligibility Requirements 3g. Broker Eligibility Requirements III. Underwriting & Compliance 3a. Transaction type b. Term c. FHA s Section of the Act d. LTV and CLTV e. CalHFA Zero Interest Program (ZIP) f. Maximum loan Amount 4g. FHA High Balance loan Limits h. Maximum Sales Price Limits i. Income & Sales Price Limits j. Income Requirements k. Qualifying Income vs. Program Compliance Income l. Maximum Program Compliance Income Limits 5m. Family income excludes: n. Family income includes: o. Qualifying Ratios 6p. Minimum Credit Score q. Automated Underwriting r.
Jun 25, 2018 · california housing finance agency calplussm fha loan program last revised: june 25, 2018
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