CHDAP California Housing Down Payment Assistance Programs, helps homebuyers to buy a home with no money down. This is accomplished by using a FHA loan and a 3% CHDAP silent second.The CHDAP silent second has deferred payments until the property is sold or refinanced but is never entirely forgiven. The benefits of using a CHDAP program vs. most other down payment assistance programs is that it does not require the participation of the seller. This allows you more homes to select from.

Borrower must be a first-time home buyer
Property occupied as primary residence by the home buyer. Co-borrowers not occupying the house are not allowed.
CHDAP borrowers must obtain a certificate of completion of homebuyer education counselling through an eligible home buyer counseling organization.
Meet the requirement of the lender on FHA loan and the minimum income required to obtain CHDAP down payment assistance.

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