California Dream For All Shared Appreciation Loan

Provided to you by
Katharine B Dizon Gross
Private Wealth Mortgage Banker
Construction Builder Loan Specialist
NMLS # 448755
US Bank Home Mortgage
Cell #818-635-7259
katharine.dizongross@usbank.com
https://mortgage.usbank.com/ca-pasadena-katharine-dizon-gross

The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage for down payment and/or closing costs.
Upon sale or transfer of the home, the homebuyer repays the original down payment loan, plus a share of the appreciation in the value of the home.

Shared Appreciation
​Shared Appreciation is a little more complex than a typical mortgage loan, so we’ve put together a few examples for you.
Shared Appreciation Examples:

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Example #1

Borrower is a CalHFA income homebuyer

• Dream For All provides a loan for 20% of the home purchase price.
• The homeowner pays back the original loan amount plus 20% of any appreciation in the value of the home.

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Example #2

Borrower income less than or equal to 80% AMI using the HomeReady Lookup Tool

• Reduced (0.75:1) program appreciation share
• Program appreciation share is equal to 0.75 times the Shared Appreciation Loan Amount (i.e., the original principal amount) as a percentage of the home value
• Dream For All provides a loan for 20% of the home purchase price.
• The homeowner pays back the original loan amount plus 15% of any appreciation in the value of the home

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Current Mortgage Rates
February 3, 2023

Purchase
Los Angeles County
80% financing
 
Jumbo 30 year fixed
6.375%
APR 6.412
 
Jumbo 7/1 ARM
5.875%
APR 5.974
 
 
Purchase
Los Angeles County
80% financing
 
Conforming 30 year fixed
6.5%
APR 6.524
 
Conforming 7/1 ARM
6%
APR 6.024

Download Pre-Approval Letter

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