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The CHF Platinum Program is designed to assist low-to-moderate income homebuyers with the purchase of a home, by providing down payment and/or closing cost assistance (currently in the form of a Grant). Many times this means families and individuals can purchase a home much sooner than they thought possible.
This program is available for the purchase of an owner occupied single-family residence, agency-approved condominium or planned unit development (PUD) located in the state of California. It is not limited to first-time homebuyers.
The Grant, currently made possible through the program, is sized at 3% of the Mortgage Loan amount. The Grant funds can be used towards the homebuyer’s down payment and/or eligible closing costs on a 30-year fixed-rate full amortization FHA, VA or USDA Mortgage Loan. It is available for purchases of both new and existing homes, as long as the home will be the primary residence of the homebuyer.
our approved lenders
Our network of CHF Platinum Approved Lenders are here to help you every step of the way, from answering questions to processing your loan.- These qualified lenders will 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 or a direct referral to a CHF Platinum Approved Lender in your area, you may also Contact Us.
Program highlights†
- Down Payment and/or Closing Cost Assistance (Currently in the Form of a Grant)
- Not Limited to First-Time Homebuyers
- Purchase of Primary Residences Only
- Available in Conjunction with 30-year
Fixed-rate FHA, VA and USDA Mortgage Loans - New or Existing Homes are Eligible
- Income Limits up to 120% HUD AMI
- Available throughout California
†Certain restrictions apply on all CHF Programs. See your CHF Platinum Approved Lenders for complete program guidelines.
