The CHF Platinum Grant programs offer up to as much as 5% of the first loan amount as a homebuyer grant. This grant can be used for down payment or closing cost assistance. As a direct lender that specializes in the CHF Platinum Grant, you can visit Broadview Mortgage Long Beach for more information - www.BMCLB.com

1. !
2014 Guide to CHF
Platinum Grant Programs
Educating and Empowering since 1988
www.FindMyWayHome.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

2. CHF Grants Under the Hood
★ FHA, VA, USDA Qualifying Overview
★ CHF Conventional Grant Overview
★ Borrower Requirements
★ Using CHF Grant with CalHFA CHDAP
★ Documentation Checklist for Eligibility
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
CHF Platinum Grant Programs
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

3. CHF Platinum Grant Programs
Educating and Empowering since 1988
www.FindMyWayHome.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

4. ★ Must Use Program First Mortgage
★ 30 Year Fixed FHA, VA, USDA
★ Less of $417,000 or FHA Loan Limit
★ Duplexes Ok
★ Qualify for 1st is Grant Eligible
Program Highlights
CHF Platinum Grant
Qualifying Overview
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

5. ★ Equal to 3% or 5% of 1st Loan
★ Interest Rate Increases at 5% Grant
★ Can be Used for Closing or Down
★ No Cash Back Allowed
★ Lender Requests Grant at Closing
★ Can use with CHDAP - Income Limits
CHF Platinum Grant
CHF Grant Facts
California Homebuyer Grant
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

6. ★ Equal to 4% of 1st Loan
★ Can be Used for Closing or Down
★ 140% Area Median Income Limit
★ Discount Mortgage Insurance
★ Can use with CHDAP
CHF Conventional Grant
Conventional Grant Facts
California Homebuyer Grant
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

7. ★ Must be Primary Residence
★ Income Limit 115% AMI / County
★ 640 Minimum Credit Score
★ Maximum DTI 45%
★ Meet all First Mortgage Guidelines
CHF Platinum Grant
California Homebuyer Grant
Borrower Requirements
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

8. Mix & Match Assistance Programs
Educating and Empowering since 1988
www.FindMyWayHome.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

9. California Housing Finance Agency
CalHFA First Time Homebuyer Loans
Official State of California
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
First Time Homebuyer Loans
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

10. Educating and Empowering since 1988
★ No Principle Residence for 3 Years
★ Can Own Other Properties (Tax Returns)
★ Qualified Veterans Exempt
★ Federally Designated Target Area Exempt
★ Boomerang Buyers OK after 3 Years
First Time Homebuyer Requirement
California Housing Finance Agency
CalHFA First Time Homebuyer Loans
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

11. ★ Must Be Owner Occupied within 60 Days
★ Must Not Exceed CalHFA Income Limits
★ Maximum 43% Debt to Income
★ Minimum 640 FICO
★ 30 Minute Homebuyer Education Class
★ Non-Occupant Co-Signers Allowed (FHA)
Borrower Requirements
California Housing Finance Agency
CalHFA First Time Homebuyer Loans
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

12. ★ Sales Price Limits by County
★ Single Family, One-Unit Residence Only
★ Condominiums Must Be FHA Approved
★ Lot Size Cannot Exceed 5 Acres
★ Must Carry 2 Year Home Warranty
Property Requirements
California Housing Finance Agency
CalHFA First Time Homebuyer Loans
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

13. ★ FHA, VA, USDA 3% to 5% Grant + CHDAP
★ Conventional 4% Grant w/ Disc PMI + CHDAP
Stacking Options
Always Use Most Restrictive Rules
Mix & Match Assistance Programs
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

14. Review & Take Aways
Educating and Empowering since 1988
www.FindMyWayHome.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

15. ★ Grants up to 5% of First Loan Amount
★ FHA & Conventional Grant Programs
★ Available Statewide - Income to 140% AMI
★ Approved Lender CalHFA and CHF Platinum
Quick Review
CHF Grant Awesomeness
California Homebuyer Assistance
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

16. ★ 3 Years Most Recent Tax Returns
★ 2 Yr Residence & Proof of Rent
★ 2 Yr Employment same field
★ Complete Application & Credit Review
★ Creative Lender is Key - Other Options
Wrap Up & Take Aways
California Homebuyer Assistance
Documentation Checklist
Educating and Empowering since 1988
www.BMCLB.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com

17. !
Thank You for Watching!
Links to check eligibility and additional resources below
Educating and Empowering since 1988
www.FindMyWayHome.com
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License
#4130745; Equal Housing Lender. Registered with the Nationwide Mortgage Licensing System and Registry,
Broadview Mortgage #170528 Long Beach Branch DOB# 813K754 NMLS# 965157
!© Broadview Mortgage Long Beach. All Rights Reserved. Equal Housing Opportunity Lender
Ask questions below, call (888) 808-8062
or email: ScottS@BroadviewMortgage.com