
| The California Housing Finance Agency (CalHFA) has several programs that were created to help first time home buyers purchase their first home. Perhaps the most helpful programs for first time buyers include the Down Payment Assistance Programs:
junior loan of an amount up to the lesser of three percent (3%) of the purchase price or appraised value. Extra Credit Teacher Home Purchase Program (ECTP): A below market interest rate CalHFA first loan, together with a forgivable interest CalHFA junior loan to assist eligible teachers, administrators, staff members and classified employees to purchase their first home. |

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