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.
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.