Affordable Housing Partnership Program for the First Time Home Buyers in California
Page 2

3) Must satisfy the credit, loan, and income requirements that are set by CalHFA and the mortgage insurer

4) Must be willing and able to live in the AHPP-financed home until the end of the loan or until the house is refinanced or sold.

5) Must undergo a home buyer counseling program and must a have a certificate to verify it.

6) If the borrower is not a first time home buyer, he should be a veteran or a someone who is trying to acquire a home at a federally designated targeted area.

After which, if you are still interested in availing of the Affordable Housing Partnership Program, you will have to make sure that your chosen property will meet the following eligibility criteria:

1) The home should be located in the State of California.

2) The home should become your primary residence.

3) The actual price of the home should be well within the limits set by CalHFA.

4) The size of the property should not exceed 5 acres.

5) The home must be categorized as a single family residence.

6) Depending on the mortgage insurer, the home can also be a condominium or a unit in a planned unit development.

If you wish to know more about the Affordable Housing Partnership Program, you can check out http://www.calhfa.ca.gov/homebuyer/programs/ahpp.htm.

Affordable Housing Partnership Program for the First Time Home Buyers in California
  Back to Page 1

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on home improvement grants and community grants.

Additional Resources

category - Home Buying Programs

Can You Use Government Grants to Become A Real Estate Entrepreneur?
Real Estate Apprentice Grant your way to being a Real Estate Entrepreneur...

---

Ohio Heroes Program for First Time Home Buyers in the State of Ohio
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for active military men, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other individuals with noble professions.

---

Buying A Home After Bankruptcy - Get A Mortgage Loan After Bankruptcy
If you have a recent bankruptcy on your credit and are looking to get financing for a home, there is hope. Buying a home with bad credit will just put more emphasis on the other two factors needed to...

---

First Time Homebuyer Programs in Delaware
In the year 1968, The Delaware State Housing Authority was created as a public corporation under the Delaware State Department of Housing. The move was inspired by the need to address the concerns of the people in Delaware who seek homebuying-associated assistance.

---