Unraveling the FAQs About CalHFA's Dream For All Program

Are you a first-time homebuyer struggling with accumulating funds for a down payment? The California Housing Finance Agency's (CalHFA) new Dreamer Program might be an excellent opportunity to check out! This innovative down payment assistance program, the "Dream For All Shared Appreciation Loan," is designed to help Californians climb the property ladder. In this blog post, we'll dive into the most frequently asked questions to help you understand the program better. The most unique aspect of the Dream For All program is the "shared appreciation" component. When you sell or refinance your home, you're required to share the appreciation value with CalHFA. The shared appreciation value is calculated based on a fixed percentage multiplied by the current market value increase. This rep