CalHFA is excited to announce the lowering of the simple interest rate to 2.5% on the My Home Program and Extra Credit Teacher Home Purchase Program (ECTP) effective on reservations on or after August 22, 2016.
CalHFA encourages using its new Closing Doc Wizard in the Mortgage Access System (MAS). This will ensure the correct MyHome or ECTP simple interest rate is accurate on the promissory note for closing.
Thank you for your continued partnership with CalHFA.
