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Disclaimer: Every reasonable effort has been made to assure the accuracy of the PDF files and associated data. Wholesale Capital shall assume no liability for any errors, omissions, or inaccuracies in the information provided regardless of how caused. To be sure of complete accuracy, please check with your loan officer for updated Information. The use of these applications indicates your unconditional acceptance of the above disclaimer. If you received an error message when
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Visit the ACCESS
2001/2002 Website.
 The Homebuyer Assistance Program (HAP) of the City of Corona is
designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.Visit the Corona website
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Housing Action Resource Trust (HART), is a California 501 (c) (3)
non-profit housing development corporation and is located in the City of
Rancho Cucamonga. The specific purpose of HART is to work with local
jurisdictions and communities to develop and provide, in one physical
location, all of the services and training that customers need to shop
for, purchase, rehabilitate, insure, maintain and manage a home. This
location would be the 
ACCESS for 2001/2002 has been improved, with a 6%-sized Second Loan and increased income limits for
existing ACCESS-eligible counties. ACCESS 2001 has been enhanced to include the following expanded Loan Parameters:
CHFA or ‘CHAFA" as it is sometimes known, is operated by the
California Housing Finance Authority. It is designed to provide up to 100%
of home loan financing to prospective eligible first-time homebuyers. It
generally consists of a standard 97% EHA - CHFA fixed-rate 30-year
mortgage and a 3% CHFA down payment assistance second mortgage, which is
also called a "sleeping" or "silent" second. The
second mortgage is offered for 30 years at 3% simple interest. All
payments are deferred on this second mortgage until one of the following
happens: the CHAFA first mortgage becomes due and payable; the first
mortgage is paid in full or refinanced; or, the property is sold.
Nehemiah will gift up to 3% of the final sales price to a qualified
Nehemiah buyer for down payment and closing costs. Nehemiah is a private
California non-profit housing corporation. Nehemiah is not a government
program. The Nehemiah Program gifts money to qualified buyers to
purchase Nehemiah properties throughout the United States. Nehemiah will
gift up to 3% of the final sales price to a qualified Nehemiah buyer for
down payment and closing costs. Before a Nehemiah transaction is
scheduled to record, Nehemiah delivers the participating buyer’s 3%
gift money taken from a pre-existing pool of funds and delivers it to
the closing company. The seller makes a contribution only after the
successful close. Nehemiah is using its own money from a pre-existing
trust fund.
CalSTRS
has competitive loan rates on a variety of mortgage loan programs:
USDA Rural Development's Guaranteed Rural Housing (GRH)
Program is designed to meet the needs of rural home buyers who have the
necessary income and credit history required to qualify for a conventional
mortgage, but not the down payment. The GRH program encourages lenders to
provide financing to qualifying home buyers by reducing the amount of risk
involved for the lender.
The Homebuyer Assistance Program (HAP) of the City of Moreno Valley
is designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.
A Mortgage Credit Certificate (MCC) or MAPP as it is sometimes
known, entitles qualified first time buyers to a federal income tax
credit on a percentage of the interest paid on the primary mortgage.
this tax credit allows the buyer to qualify more easily for a loan by
increasing the effective income of the buyer. The Riverside County MCC
Program provides for a fifteen percent (15%) rate which can be applied
to the interest on the mortgage loan.
The Homeownership Assistance Program (HAP) for San Bernardino
County provides financial assistance to eligible household for the
purchase of a home. Home funds may be used for GAP financing, down
payment and/or closing costs. The assistance is in the form of a deferred
loan (Silent Second) and will be secured by a second trust deed.
The
City of Riverside Down Payment Assistance Program has been established to
encourage homeownership and owner occupancy in the City of Riverside. Down
payment assistance is provided to eligible low income households to enable such
households to qualify for first mortgage financing and achieve affordable
homeownership. The Program is available anywhere within the city limits of
the City of Riverside.
The
Downpayment Assistance Program (DAP) of the City of Hemet is
designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.
The
Homebuyers Assistance Program (HAP) for the City of Fontana makes available a limited number of deferred payment (principal and interest) second mortgages, in amounts up to 10 percent of the purchase price. This program is
designed to provide financial assistance to qualified low to moderate income
families, a bridge for the gap between the mortgage amount a first - time home buyer can qualify for and the actual purchase price of a single family detached home in Fontana.
The Homebuyer Assistance Program (HAP) of the City of Temecula is
designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.
The Homebuyer Assistance Program (HAP) of the City of Upland is
designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.
The Homebuyer Assistance Program (HAP) of the City of Perris is
designed to provide financial assistance to low and moderate income
families for home purchases. Assistance is in the form of a
deferred-payment loan and may be proved for the down payment and/or
closing cost associated with the home purchase.
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Housing Lender. © 1992 Wholesale Capital Trade/service
marks are the property of Wholesale Capital and/or its subsidiaries.
Some products may not be available in all states. CA.
Dept. of Real Estate Broker. License # 01147747 exp. 01/12/09