WebOct 29, 2024 · GSFA Platinum Program The GSFA Platinum program offers up to 5.5% of the loan amount to cover the down payment and closing costs in the form of a 15-year 2nd loan at a fixed-rate of 2% above the first mortgage loan An added benefit to this down payment loan program is that there are options for forgivable gifts with “select” professions WebGSFA Platinum Refinance Options Grant up to 5% of the First Mortgage amount available to be used towards borrower-paid mortgage insurance and/or closing costs. 30 year term only Minimum 3% equity required Income Limits apply - Freddie Mac Income Limits No cash out Full documentation only GSFA Platinum Grant Loan Terms
GSFA Rates - nhfloan.org
WebGSFA Platinum Lender Training - MWF Wholesale WebOct 29, 2024 · GSFA Platinum Program. The GSFA Platinum program offers up to 5.5% of the loan amount to cover the down payment and closing costs in the form of a 15-year … make an air mattress more comfortable
Down Payment Assistance Programs DPA GSFA
WebGSFA Platinum ® and OpenDoors ® Programs The GSFA DPA Programs provide down payment and/or closing cost assistance up to 7% of the loan amount, specifically for borrowers purchasing or refinancing a primary residence in the state of California. The Programs are sponsored by Golden State Finance Authority (GSFA) and managed by NHF. WebJun 2, 2024 · The GSFA Platinum Down Payment Assistance grant program provides money to help home buyers pay for their down payment and closing costs. The grant is up to 5% of the loan amount. The loan can be FHA, VA, or conventional. The program can also be used to refinance your home, if you are taking out a Freddie Mac conventional loan. WebUp to 4% in DPA is available for an FHA, VA or USDA 30-year fixed-rate mortgage through the GSFA Platinum Program. To calculate the DPA in dollars, multiply the DPA percentage (1) by the First Mortgage Loan amount. So, 7% DPA on a $450,000 loan amount = $31,500 in Down Payment Assistance (450,000 x .07). Don't just take our word for it ... make an alert box in html and css