Borrower Requirements
This is a shared appreciation loan program

Be a first-time home buyer – Eligible if you have never owned a home or if sold you home more than three years ago and have not purchased another.

Must be primary residence.

Must complete two levels of homebuyer education counseling and obtain a certificate of completion, online, in-personal, virtual.

Meet CalHFA income limit, which is different for each county in California, Ventura County is $228,000

Schedule a brief call with Frank: 10 Minute Meeting – Frank Tomlinson

Property Requirements

SFR (One unit only), approved condo/PUD

Guest houses, granny units and in-law quarters may be eligible.

Manufactured homes are permitted.

Shared Appreciation Program

Dream for all provides a loan for 20% of the home purchase price.

Homeowner must repay the original loan plus 20% appreciation in the value of the home upon sale, refinance or end of loan term.

For borrowers with less or equal to 80% of area Average Median Income – The homeowner must repay the original loan plus 15% of appreciation in home value.

Appreciation = appraisal value of home minus original purchase amount

Example ($500,000 purchase receives $100,000 down payment funds, upon sale, refinance or end of loan term borrower must repay $120,000)

Unfortunately, this program is currently closed.

To learn more about how to take advantage of these benefit’s, please schedule a brief call with our team here: 10 Minute Meeting – Frank Tomlinson