January 18, 2024: CalHFA published the official program guidelines for the 2024 Dream for All Shared Appreciation Loan Program. A summary of the new program guidelines is below. We can now review your eligibility for the program and issue preapprovals while we wait for the CalHFA registration and lottery system to be published.

Apply at www.JasonMata.com

Income limits are a bit higher than expected. The complete list can be found at https://www.jasonmata.com/californiad...

Sacramento $180,000
Alameda $234,000
Santa Clara $287,000
San Joaquin $158,000
Los Angeles $155,000
Orange $202,000
Riverside $149,000
San Diego $185,000

Borrower(s) must be firsttime homebuyers

At least one borrower must be a FirstGenerational Homebuyer:
Cannot have held an ownership interest in a home, been on title, or named in a mortgage in the past 7 years
Homebuyer's parents do not have any present ownership interest in a home in the United States

Borrower(s) are eligible for 20% or $150,000 in assistance whichever is less

The cap on additional down payment provided by the borrower is 5%

CalHFA is currently working on its registration and lottery system, set to launch in Spring 2024

We are now issuing preapprovals to borrowers for the Dream for All Program. This preapproval is the first step in the process. You cannot shop for a home until you register with CalHFA and are chosen through the lottery system in Spring 2024.

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