CalHFA Dream For All
We’re proud to be a partner with CalHFA and a participant in the Dream For ALL program.
Refer to the CalHFA Dream For All Program Handbook for all program details.
Step 1
Complete the Letter
Borrowers provided the Pre-Approval Letter in April to CalHFA
Step 2
CalHFA Lottery (May)
CalHFA selected registrants (who completed and submitted the letter) from a Lottery in May 2024
Step 2
CalHFA Lottery (May)
CalHFA selected registrants (who completed and submitted the letter) from a Lottery in May 2024
Program Details
- Down Payment Assistance to 20% (or up to $150K) the lesser of the Home Purchase Price or Appraised Value
- At least one borrower must be a first-generation homebuyer, be a current California resident
- All borrowers must be First Time Home Buyers
- Income Limits apply, review the Dream for All Handbook
- Must be U.S. citizens or qualified residents
- CLTV must be between 95% to 105%
- Available in California only
- Homebuyer education required
- Owner Occupied Properties
- Co-signors must Occupy Property
Learn More at the CalHFA Dream for All site
Program Details
Pre-Approval
Borrowers provided the Pre-Approval Letter in April to CalHFA.
CalHFA Selection
CalHFA selected registrants from a Lottery in May 2024.
Loans Submitted
We were excited to provide this fantastic program and work with selected borrowers.
CalHFA Program
The 2024 CalHFA Program is complete. We will post updated information should it be extended in the future.
CalHFA Dream For All Loan FAQs
Q. What is the CalHFA Dream For All Loan Program?
A. The Dream For All Loan is a loan program that provides loans for a down payment to qualified first-time homebuyers. Upon sale or transfer of the home, the homebuyer repays the original down payment loan, plus a share of the appreciation in the value of the home. Those repayments are may be used to fund future homebuyer down payments.
Q. Does CalHFA allow borrowers to make payments on the Dream For All Loan?
A. Yes, however payments are applied to the principal balance only and do not affect the shared appreciation portion. However paying off the principal balance in full will trigger the repayment of the shared appreciation portion.
Q. What is the maximum loan amount for the Dream For All Loan?
A. The maximum loan amount is up to $150,000 or 20% of the sales price or appraised value, whichever is less.
Q. What is the minimum CLTV?
A. The CLTV must be between 95.00% and 105.00%
For additional Information on the Dream for All Shared Appreciation Loan Program visit The California Housing Finance Agency Page Loan Program Handbook for Lenders, Real Estate Agents, Non-Profits | CalHFA or their FAQ Page CalHFA Dream For All Share Appreciation Loan Program Frequently Asked Questions