Yes we do CHDAP Down Payment Assistance!
Only have .5% to put down? No problem if you are a first time homebuyer in California. Let me introduce you to CHDAP. CHDAP is a downpayment assistance program that will cover up to 3% of your downpayment. With FHA you only need 3.5% so when you put them together you need to come in with only .5%. Yes, half a percent.
CHDAP provides down payment or closing cost assistance in the form of a deferred payment junior loan of an amount up to the lesser of three percent (3%) of the purchase price or appraised value. Interest is calculated at 3.25% per annum simple interest.
CHDAP may be combined with a CalHFA first mortgage loan or any non-CalHFA conventional or government fixed-rate, first mortgage loan.
We can get you into your own home for as little as $750 down.
Apply online or call us at 877-674-1019. Ask for Joe.
Whether you’re buying a home for the first time or refinancing to improve your cash flow, you need a home mortgage company that you can trust. At Common Sense Mortgage we give you the tools to secure your home and the comfort of your family for a lifetime. We’ll sit down with you and review your home mortgage lending and refinancing plans for this year, next year and twenty-five years from now so we can point you in the direction of long-term stability. Common Sense Mortgage takes the time to get to know you and your plans for your future.
If you are buying a home for the first time, our trained and experienced professionals sit down with you and make sure that you can handle the payments in the short term and manage your budget for the full length of the loan. Our loan experts work out payments that put you in control of your future.
Common Sense Mortgage has the expertise. If you have outgrown your home and need to build an addition, we will help you find the right home in which to invest your time, money and family’s future. There are smart ways to grow and expand into your dreams. We prefer that you know all your options and choose the home mortgage lending that best fits your goals.
As a home mortgage company, we know that life can present many challenges. If you are adding on an investment property, financing the kids to college or running into other life challenges, ask us for help. Loans are tools. We help you structure your loans so that you can manage your life and make your payments. Flexible mortgage rates, debt consolidation, lowering interest rates and mortgage refinancing are all methods that Common Sense Mortgage uses to help our customers. Let us help steer you back on the track to financial freedom.
This is an amazing company, the staff is really about helping families own a home without any regrets. There is no one else that could refinance my home or help me to purchase a new home. Remarkable team...thanks guys, my life is much better because of all of you.
Joe and his team at Common Sense Mortgage Group did a great job on my home mortgage loan. Highly recommended!