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The FirstHouse Loan Program is currently not available.
Please check back for updates.
The FirstHouse Program is designed to assist low-to-moderate income homebuyers (primarily first-time homebuyers) with the purchase of a home, by providing mortgages with very competitive interest rates as well as options for down payment assistance. Since its inception in 1993, CHF's FirstHouse Loan Program has helped over 5,500 families and individuals to purchase a home in California and provided over $6 million in Grant funds.
FirstHouse is a Mortgage Revenue Bond loan program backed by tax-exempt bond financing, which allows the program to feature very competitive interest rates, often below the market rates. The program also provides Grants and/or Second Mortgages (when possible) to assist eligible homebuyers with the associated down payment and/or closing costs.
our approved lenders
Our network of CHF FirstHouse Approved Lenders are here to help you every step of the way, from answering questions to processing your loan.- These qualified lenders and brokers can provide you with complete program guidelines and eligibility information, quote current interest rates and applicable APRs, supply loan applications and guide you through the home buying process.
If you would like additional information about the CHF FirstHouse Loan Program, please Contact Us.
Program highlights†
- Competitive Fixed Interest Rates
- Grant and/or Second Mortgage Usually Available to Provide Down payment Assistance
- Purchase of Primary Residences Only
- New or Existing Homes Eligible
- Household Income Limits up to 120% HUD AMI
- First-time Homebuyer Requirement Waived if Property is Located in a Target Area
- Available in Over 40 Counties of California
†Certain restrictions apply on all CHF Programs. See a CHF FirstHouse Approved Lender for complete program guidelines.
