“Good Neighbor Next Door” – From HUD.gov
U.S. Department of Housing and urban Development

Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.

How the Program Works:

Eligible Single Family homes located in revitalization areas are listed exclusively for sales through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for five days.

How to Participate in Good Neighbor Next Door?

Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home. If more than one person submits on a single home a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD’s regulations for the program.
HUD requires that you sign a second mortgage and note for the discount amount. No interest or payments are required on this “silent second” provided that you fulfill the three-year occupancy requirement.
The number of properties available is limited and the list of available properties changes weekly.
To learn more, please feel free to contact our office.


“California Homebuyer’s Downpayment Assistance Program” – CHDAP

The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This program may be combined with a CalHFA or non-CalHFA, first mortgage loan.


Am I eligible to apply for this program?
Review the guidelines below for both “Borrower” and “Property” Requirements to determine if you may be eligible to apply for the CHDAP program.

Borrower Requirements

•Be a first-time homebuyer
•Occupy the property as their primary residence, non-occupant co-borrowers are not allowed
•CalHFA borrowers must complete homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.
•Your income must be less than the allowable CHDAP income limits. ■CHDAP Income Limits when using an FHA first mortgage
■CHDAP Income Limits when using a VA, USDA or Conventional first mortgage

•Meet the requirement of the lender and mortgage insurer / guarantor

*In the case of conflicting guidelines, the lender must follow the more restrictive.

Property Requirements

•Sales price of the home cannot exceed CalHFA’s sales price limits established for the county in which the property is located
•Be a single-family, one-unit residence, including approved condominium/PUDs

*In the case of conflicting guidelines, the lender must follow the more restrictive.

Additional Property Guidelines
•Condominiums must meet the guidelines of the first mortgage
•Manufactured housing is not permitted
•There is a five acre maximum on the size of the property
•Leaseholds/Land Trusts and Co-ops are not permitted
•Meet the requirements of the mortgage insurer/guarantor



Need a loan to purchase property in US?
Never a good chance like now, historical low interest rate;
30% down payment for loan amount up to 1 Million;
40% down payment for loan amount up to 3 Million;
No Income Documentation needed;
Fixed rate programs are available on 30, 15, 10, 7 and 5 years fixed rate.

Please call our office at (626) 369-1289 for more details!!

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