Transcription of CALIFORNIA HOUSING FINANCE AGENCY Government …
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CALIFORNIA HOUSING FINANCE AGENCY Government …
CALIFORNIA HOUSING FINANCE AGENCYG overnment Loan Programs LAST REVISED: JANUARY 1, 2022ii2022 CALIFORNIA HOUSING FINANCE | ( ) Government LOAN PROGRAMST able of ContentsI. Eligibility 1a. Borrower Requirements b. Homebuyer Education 2c. First-Time Homebuyer Definition d. Owner Occupancy e. Property Requirements II. Underwriting & Compliance 4a. Transaction type b. Term c. FHA Section of the ACT d. LTV and CLTV 5e. Maximum Loan Amount f.
Feb 01, 2022 · recommendation. The FHA Scorecard option must be used. FHA 184 Manual Underwriting only. AUS is not allowed. CalHFA VA All loans must be submitted through Fannie Mae Desktop Underwriter (DU®) and receive an “Approve/Eligible”, Freddie Mac Loan Product Advisor (LPA®) and receive an “Accept” recommendation. CalHFA USDA
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