California Community Mortgage
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California Community Mortgage offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide conventional conforming and jumbo loan products. We specialize in affordable home loan products through CalHFA, Veterans Affairs, and silent second programs to assist low and moderate income homebuyers. Below is a partial list of the specialty programs we offer. You may also visit our sister sites at :

www.affordablehousingblog.com  and www.homenloan.com for detailed information on affordable government programs for first time home buyers, or to search for a home or real estate agent in Los Angeles, and the surrounding cities in Southern California.

 
CalHFA - California Housing Finance Agency Loans Interest Only Plus 35 year 100%LTV
CalHFA - below market rate Conventional 30 year fixed 100% LTV
CalHFA - Below market rate conventional 40 year term up to 100% LTV
CalHFA - California Housing Finance Agency Extra Credit Teacher Home Purchase Program (ECTP)
CalHFA - California Housing Finance Agency Affordable Housing Partnership Program (AHPP)
CalHFA - California Housing Finance Agency Housing Assistance Program (CHAP)
CalHFA - California Homebuyer's Downpayment Assistance Program (CHDAP)
CalHFA - California Housing Finance Agency High Cost Area Home Purchase Assistance Program (HiCAP)
CalHFA - California Housing Finance Agency School Facility Fee Down Payment Assistance Program (SFF)

CalHFA - California Housing Finance Agency Loans Interest Only Plus 35 year 100%LTV

CalHFA Conventional Loans

  • interest only PLUSSM
    This conventional mortgage loan offers up to 100% financing and allows borrowers to pay only the interest for the first five years of a 35-year term. After that, borrowers pay principal and interest at the same low, fixed interest rate for the remaining 30 years.


Term: 35 years   Maximum Amount: $728,710
 

**In Los Angeles County the maximum limits for resale homes are $728,710 for targeted areas, and  $596,217 for non-targeted areas.

**In Los Angeles County the maximum limits for new homes are $734,891 for Targeted areas, and $601,274 for non targetred areas.


CalHFA - below market rate Conventional 30 year fixed 100% LTV

CalHFA Conventional Loans

  • 30-Year Fixed Mortgage
    This conventional mortgage loan offers up to 100% financing with a 30-year term and a below market, fixed interest rate.


Term: 30 years   Maximum Amount: $728,710
 

**In Los Angeles County the maximum limits for resale homes are $728,710 for targeted areas, and  $596,217 for non-targeted areas.

**In Los Angeles County the maximum limits for new homes are $734,891 for Targeted areas, and $601,274 for non targetred areas.


CalHFA - Below market rate conventional 40 year term up to 100% LTV

CalHFA Conventional Loans

  • 40-Year Fixed Mortgage
    This conventional mortgage loan offers up to 100% financing with a 40-year term and a below market, fixed interest rate.

 

Term: 40 years   Maximum Amount: $728,710
 

**In Los Angeles County the maximum limits for resale homes are $728,710 for targeted areas, and  $596,217 for non-targeted areas.

**In Los Angeles County the maximum limits for new homes are $734,891 for Targeted areas, and $601,274 for non targetred areas.


CalHFA - California Housing Finance Agency Extra Credit Teacher Home Purchase Program (ECTP)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS

  • Extra Credit Teacher Home Purchase Program (ECTP)
    A below market interest rate CalHFA first loan, together with a forgivable interest CalHFA junior loan to assist eligible teachers, administrators, staff members and classified employees to purchase their first home.


CalHFA - California Housing Finance Agency Affordable Housing Partnership Program (AHPP)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS

  • Affordable Housing Partnership Program (AHPP)
    A joint effort by CalHFA and cities, counties, redevelopment agencies and housing authorities whereby a deferred payment subordinate loan from a locality is utilized by the first-time homebuyer to assist them with down payment and/or closing costs.


CalHFA - California Housing Finance Agency Housing Assistance Program (CHAP)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS  



CalHFA - California Homebuyer's Downpayment Assistance Program (CHDAP)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS



CalHFA - California Housing Finance Agency High Cost Area Home Purchase Assistance Program (HiCAP)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS



CalHFA - California Housing Finance Agency School Facility Fee Down Payment Assistance Program (SFF)

DOWN PAYMENT ASSISTANCE LOAN PROGRAMS