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The Dream For All Shared Appreciation Loan (Shared Appreciation Loan) is a California down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage for down payment and/or closing costs. In this video, we discuss the latest update with CalHFA and why the program is currently paused and unable to be used in the 2023 Housing Market.
β© Watch this NEXT β© California Dream For All Shared Appreciation Loan - https://youtu.be/ChvqgcvoZEQ
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- Get a Referral to a Mortgage Lender or Realtor - http://www.jebsmith.net/referral
π - First Time Home Buyer Course - http://www.becominghomewise.com
π- The Educated Home Buyer Podcast -
Spotify - https://open.spotify.com/show/3Ho4sTORqrLYlkBwWUkSBA
Apple - https://podcasts.apple.com/us/podcast/the-educated-homebuyer/id1611226020
Shared Appreciation Loan Terms: Upon sale or transfer of the home, the homebuyer repays the original down payment loan, plus a share of the appreciation in the value of the home.
HomeReady Lookup Tool - https://ami-lookup-tool.fanniemae.com/amilookuptool/
This program will be available on Monday, March 27, 2023
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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
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#California #HousingMarket #RealEstate
