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CalHFA HiCAP Silent 2nd

  • The HiCAP program is discontinued for San Diego County effective June 11, 2007.
     

  • $7,500 silent 2nd mortgage (no repayment will living in the home) with a 6.75% simple interest
     

  • Same purchase price limits as CalHFA 1st mortgages
     

  • Can be applied toward down payment, but not toward closing costs
     

  • Same income limits as CalHFA 1st mortgages
     

  • Combines with all other CalHFA loan products
     

  • Buyer who qualifies for CalHFA 1st mortgage will be able to obtain HiCAP 2nd in San Diego County

By the way, I am a CalHFA Preferred Loan Officer.

 

 

 

 

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Brought To You By
Mark Harmon, Realtor

CalHFA Preferred Loan Officer
USA Realty and Loans

Brokerage Main Office
3994 Carson St.
San Diego, CA 92117