Reminder: Sunset for Resubordinations of
CalHFA Subordinate Loans
Approaching
As announced in January's Program Bulletin 2019-05, effective July 1, 2019 CalHFA will no longer allow the resubordination of any down payment or closing costs assistance subordinate loan unless it occurs through a loss mitigation process. Current resubordination requests must be received by the end of the day, June 30, 2019 and must follow CalHFA's Resubordination Instructions.
Thank you for your continued partnership with CalHFA.
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