Dream for all CALHFA Loan Program Webinar - Everything you need to know

Surprising even me, the popularity of the California Dream for All Loan program offered by CALHFA that gave buyers up to 20% downpayment assistance caused buyers to flood to it depleting the $300,000,000 in funds in under 2 weeks! I knew the original timeline that they thought it would last(which was until the end of Summer) was way to optimistic but I was assuming it would at least last for a month or two but here we are. However, I still wanted to put out this recent webinar I did with Mina Yusada from Guaranteed Rate Affinity because there is a lot of great information about how this whole program works and we really go into detail about the pros and cons as well. There is also a chance that some of the funds that have been reserved by current buyers that went into escrow eventually get put back into the program if those buyers fall out of escrow and on top of that California has already said that due to it's popularity and the way the program was supposed to work they would look at putting more funding towards it if future budgets allowed. So hopefully this video will be useful for those buying a home in the future as well. Now, if you did want to use this program but missed out, remember that CALHFA does have a lot of other home buying assistance programs available, some of which will cover up to 3.5% downpayment as well as closing costs, so although you can't currently get the full 20%, those programs could help many buyers reach their home buying goals. I'm sure I'll do some additional videos on these programs in the future so make sure you don't forget to subscribe so you don't miss it! Want to have a friendly no pressure conversation about your specific real estate related questions? Schedule a 30 minute discover call with me by clicking here: https://calendly.com/joshalexanderrealestate/over-the-phone-informational-session Josh Alexander THE brokeredge [e-mail] 714.366.2186 DRE#:01974435