carolyn@carolyndavis1.com

SCHFA-First Time Homebuyer Program

A FIRST TIME HOMEBUYER may be able to qualify for 3% of the loan amount as a grant!

SCHFA is a mortgage revenue bond sponsored by the Southern California Housing Finance Agency. The program is a FIRST TIME HOMEBUYER PROGRAM and has income and geographic restrictions. Geographic Restriction: The property must be located in Los Angeles or Orange County. If located in Los Angeles County, census tract number 2999.00 or lower are located in the City of Los Angeles. The City of Los Angeles is excluded. The census tract data must indicate Los Angeles or Orange County.

The program features a 30 Year Fixed first mortgage loan at a competitive interest rate. Funds are limited and available on a first come, first serve basis. Sales contracts should be written for 60 day escrow to allow adequate time for processing.

1 thought on “SCHFA-First Time Homebuyer Program”

  1. GREAT FIRST TIME HOME BUYER TYPE HOME. SHOULD QUALIFY FOR FMHA AND OTHER GOV. PR GREAT FIRST TIME HOME BUYER TYPE HOME. SHOULD QUALIFY FOR FMHA AND OTHER GOV. PROGRAMS. EXCELLENT CONDITION EASY TO SHOW. FIREPLACE, COVERED PORCH, NICE FENCED BACK YARD AND OUTBUILDING, FRESHLY REMODELED CLEAN AND UNUSALLY NICE FOR THIS PRICE RANGE ….

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