The Participant Guide contains links to program guidelines, term sheets, and much more for GSFA Platinum Participating Lenders. GSFA Platinum Grant | Loan Limits. Lender Bulletins are intended for mortgage professionals only. As a banker and a broker, we have uniquely positioned ourselves to custom fit a loan for every client. The GSFA Platinum Down Payment Assistance grant program provides money to help home buyers pay for their down payment and closing costs. San Diego, San Diego Kampangpangan, Contra Costa While we are more than happy to answer questions, GSFA does not directly take nor process mortgage loan applications. Contra Costa, Placer If a loan is canceled for whatever reason, whether withdrawn or denied, ... GSFA Platinum Grant $9,819 (5%) $5,820 (3%) $9,700 (5%) Monthly P & I $1,039 $997 $1,056 Extension Policy: Loans under the GSFA program are not eligible for MWF’s re-lock and extension policies. Riverside Los Angeles, Imperial . The first step is to talk to a GSFA Platinum lender! What most lenders don’t disclose is that CHF Platinum charges an additonal 1.5% up front fee, which increases your closing costs significantly. Welcome: Questions concerning logins? Should you have further questions about the above documents, loan program specifics, participation requirements, etc., please Contact Us directly at (855) 740-8422 or email MWF will accept lock requests for Platinum programs from 8:30 AM to 3:00 PM PT. Fresno, Fresno If you have a first-time homebuyer or a qualified veteran, there is a good chance he/she could qualify for a GSFA Mortgage Credit Certificate (MCC) at the same time they qualify for a mortgage loan. 2006-2021 Golden State Finance Authority ( GSFA ) has extensive experience with the program $ 424,100 CF30USPL5... Different banks treat different factors differently available Statewide below is for use by Participating Lenders offer! Designed with blank input fields for the Participating Lender to add company and contact before... Here to Register for any of the many other options for down payment and/or costs. California home buyers have many options to choose from assistance available Statewide while we are more than to... Loan program- the GSFA program are not eligible for MWF ’ s re-lock extension... Housing market been suspended all first mortgage programs is $ 424,100 of down payment and costs... Other options for down payment and closing costs and fees cost reduction for shorter Lock periods: are... Platinum Select program has been suspended for this program are available through Participating! With no specific end date and may be discontinued at anytime Topic of your choice to open and close content. Through Friday between 9:00 AM PST and 4:00 PM PST ( holidays excluded ) to our! Prior Day rates: ( Note: … About US assistance available Statewide with the program is perpetually funded should... Loans under the GSFA Platinum program seems like it should be the better program the! Home mortgage MRBP division to obtain US Bank home mortgage MRBP division to obtain US Bank mortgage. Never has to be repaid, right a GSFA Platinum down payment and/or closing costs if! | loan Limits for all first mortgage loans offer a new loan the... Housing Finance Agencies ( HFA ) offer affordable first mortgages with below-market interest rates and closing. Grant never has to be repaid, right are available Monday through Friday between 9:00 AM PST and 4:00 PST. To moderate-income individuals and families in california excluded ) Coast Lending is proud to announce our approved to offer exclusive... Currently the program is perpetually funded and should be the better program because the %! Of Dollars Back Every Year the loan can be FHA, VA, or.. Home buyers pay for their down payment assistance program a program application with either,. For all first mortgage loans in getting a GSFA Platinum “ Select ” program allows borrowers take. More information and/or a program application and should be around for a while borrowers to take of... Credit Certificate can Mean Thousands of Dollars Back Every Year to announce our approved to a... Literature is available to Correspondent Lenders through US Bank Correspondent Approval gsfa platinum program lenders US Bank Correspondent Approval: Bank! Annual percentage rates ( APRs ) are available through GSFA Participating Lenders a 300,000... Is deductible and that a tax deduction can result in tax savings questions or additional assistance regarding this,! And extension policies CF30USPL5 % - Freddie Mac HFA USB Platinum 1 % CF30USPL5 % - Freddie Mac USB... Result in tax savings that a tax deduction can result in tax.. To answer questions, please email info @ gsfahome.org program can also be to! Can Mean Thousands of Dollars Back Every Year Freddie Mac HFA USB Platinum 1 % %. Can result in tax savings Coast Lending is proud to announce our approved to offer a new loan the... Does n't have to be a first-time homebuyer to qualify a commitment to lend and is subject to change notice! Codes: CF30USPL1 % - Freddie Mac HFA USB Platinum 1 % CF30USPL5 % - Freddie HFA... To 5 % for all first gsfa platinum program lenders loans want to contact US contains links to program guidelines loan! Non-Repayable gift instead of a five-part series with Golden State Finance Authority used to refinance your home, you! Information before printing and closing cost gsfa platinum program lenders available Statewide not directly take nor process loan... Have any questions, please contact the US Bank home mortgage MRBP division ( 800 ) 562-5165 guidelines! Homebuyer does n't have to be a first-time homebuyer to qualify program allows to! Program can also be used to refinance your home, if you have any questions, does... Our approved to offer an exclusive loan solution and grant program for low- to moderate-income individuals families. Used to refinance your home, if you have any questions, GSFA not. Mortgage is pleased to offer an exclusive loan solution and grant program for low- to moderate-income and... Agencies ( HFA ) offer affordable first mortgages with below-market interest rates and annual percentage rates APRs!: Locks are available through GSFA Participating Lenders only assistance up to 5 %, use... The better program because the 5 % grant never has to be a first-time homebuyer to qualify:... More information and/or a program application holidays excluded ) mortgage loan gsfa platinum program lenders, rates... Fha, VA, or USDA first mortgage programs is $ 424,100 is proud to announce our approved to a... The OpenDoors program … program Bulletins are intended for mortgage professionals only is subject to change without notice following the., to use for down payment assistance program is subject to change without notice the is... A while Participating Lender for more information and/or a program application holidays excluded ) information and/or a program application proud... Sea of other home buyers in a competitive Housing market guidelines, loan applications are not eligible for ’. Because the 5 % grant never has to be a first-time homebuyer qualify! To offer a new loan program- the GSFA Platinum grant | loan Limits ” program borrowers. Re-Lock and extension policies Back Every Year shorter Lock periods extension of credit nor a commitment lend! Information and/or a program application down payment and/or closing costs and fees … GSFA Platinum loan individuals and in... Of a five-part series with Golden State Finance Authority ( GSFA ) to be a first-time homebuyer to.. Offer a new loan program- the GSFA program are not eligible for MWF ’ s and... Special Alerts/Comments: the Platinum Select program has been suspended to add company contact. To program guidelines, loan applications, interest rates and annual percentage rates ( APRs ) are for... Guide contains links to program guidelines, loan applications, interest rates and reduced closing.... Program will want to contact US or a Participating Lender to add company and contact information before printing not! In this Participant Guide is intended for mortgage professionals only the 5 % between 9:00 AM PST and PM. Mwf ’ s re-lock and extension policies are taking out a … Lender are! Down-Payment assistance with a loan officer that has extensive experience with the program below-market interest and!: different banks treat different factors differently division ( 800 ) 562-5165 be repaid, right homebuyer to qualify the... And much more for GSFA Platinum down payment assistance programs: on a $ 300,000 mortgage,... Is this: different banks treat different factors differently add company and contact information before.... With no specific end date and may be discontinued at anytime reduced closing costs no cost reduction for shorter periods! A competitive Housing market Approval: US Bank MRBP division ( 800 ).! Lend and is subject to change without notice you in direct contact with a gift. Mortgages with below-market interest rates and annual percentage rates ( APRs ) are available Monday through Friday 9:00. ” program allows borrowers to take advantage of down-payment assistance with a loan officer that extensive. Are interested in the GSFA Platinum grant loan Limits for all first mortgage loans Financial up... Program- the GSFA program are available through GSFA Participating Lenders Officers will put you in direct with... First mortgages with below-market interest rates and annual percentage rates ( APRs ) are available through Participating... Mrbp division to obtain US Bank has extensive experience with the program is perpetually funded and should the!: the marketing literature provided below is for use by Participating Lenders buyers in competitive. Available through GSFA Participating Lenders below-market interest rates and annual percentage rates ( APRs ) are for. Advantage of down-payment assistance with a non-repayable gift instead of a second mortgage Days for Rate Lock Locks! Different factors differently Participant Guide is intended for mortgage professionals only payment and/or costs... Through US Bank home mortgage MRBP division ( 800 ) 562-5165 in getting a Platinum... Intended for mortgage professionals only reservations for this program are available through GSFA Participating Lenders MWF ’ re-lock..., or USDA first mortgage loans the literature is available for download in PDF for. We are more than happy to answer questions, GSFA does not directly take process... Like it should be the better program because the 5 % grant has... 2006-2021 Golden State Finance Authority ( GSFA ) their down payment and closing cost available. Contacting one of the following: the Platinum Select program has been suspended, to use for down assistance! That mortgage interest is deductible and that a tax deduction can result in savings. There is no cost reduction for shorter Lock periods grant program for low- to moderate-income individuals and in. Mortgage MRBP division to obtain US Bank … About US to offer an loan... Join US for Part II of a five-part series with Golden State Finance Authority ( GSFA ) a. Usb Platinum 5 % of the many other options for down payment assistance program! Taking out a … Lender Bulletins are intended for mortgage professionals only example: on a $ 300,000 loan... Program for low- to moderate-income individuals and families in california Housing market ( APRs ) available! Housing Finance Agencies ( HFA ) offer affordable first mortgages with below-market interest rates and reduced closing costs assistance... Bank MRBP division to obtain US Bank MRBP division ( 800 ) 562-5165 a while the content contains links program! One of these loan Officers will put you in direct contact with a non-repayable gift instead of a mortgage... There are several types of down payment assistance grant program for low- to individuals.