On March 27, 2023 CalHFA will make the CA Dream for All Shared Appreciation Loan Program available to approved lenders.Download the Digitial Mortgage Broker Mobile App in Google Play to learn more about down payment assistance programs. https://bit.ly/40Bb5esFannie Mae Area Median Income Lookup Toolhttps://ami-lookup-tool.fanniemae.com/amilookuptool80% AMI divided income limit by 12 Calculate DTI = 45% of AMI income limitsExample $58,320 /12= $4,860 X 0.45 = $2,187 must include interest + principle + property taxes and PMIDetermines borrower's Capacity ability to make interest and principal repayments on a loan, using his or her disposable income or cash flow.DisclaimerThe CA Dream for all Shared Appreciation program guidelines hasn't been released to our Lender for approval. This podcast is for informational and educational purposes and is not endorsed by CalHFA.MKG Enterprises Corp Mortgage Broker NLMS 1370394Equal Opportunity Lenderweb: https://mkgenterprisescorp.com Office (559) 337-5990

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