CalHFA with MyAccess: Your Key to Affordable Homeownership in California
Buying a home in California is tough—high prices, bidding wars, and the struggle to save for a down payment can feel overwhelming. But what if there was a way to buy sooner, with less cash upfront?
That’s exactly what CalHFA with MyAccess does!
At New Way Mortgage, we specialize in CalHFA programs that make homeownership more accessible for first-time buyers. If you’ve been wondering how to afford a home in California, keep reading—then reach out to us to get started!
📞 Call or text us at 916-465-6639
📩 Email us at hello@newwaymortgage.com
💻 Schedule an appointment at www.meetnewway.com
What is CalHFA with MyAccess?
CalHFA with MyAccess is a down payment and closing cost assistance program designed to help first-time homebuyers break into the market with less upfront cash.
It works by pairing a CalHFA first mortgage (either FHA or Conventional) with a silent second mortgage—a loan that covers part of your upfront costs without requiring monthly payments.
💰 New Way Mortgage is your go-to lender for CalHFA programs. Let’s chat about how MyAccess can work for you!
📞 Call us now at 916-465-6639 or apply online HERE to get started!
How Does CalHFA with MyAccess Work?
This program consists of two parts:
1️⃣ CalHFA First Mortgage – A 30-year fixed-rate loan that can be FHA or Conventional.
2️⃣ MyAccess Assistance Loan – A silent second mortgage that covers 2.5% of the first loan amount to help with down payment and closing costs.
Key Benefits of MyAccess Assistance:
✅ No monthly payments – The assistance loan is deferred until you sell, refinance, or pay off your first mortgage.
✅ 2.5% assistance amount – Helps reduce out-of-pocket costs.
✅ Works with both FHA and Conventional loans – Flexible options based on your financial needs.
✅ Can be combined with other CalHFA assistance programs – More savings for you!
🚨 Don’t leave free money on the table! See how much assistance you qualify for with New Way Mortgage today.
📞 Call 916-465-6639 or apply online HERE.
Who Qualifies for CalHFA with MyAccess?
Not everyone qualifies, but if you meet these requirements, you could be eligible:
✔ First-Time Homebuyer: You haven’t owned a home in the last 3 years.
✔ Primary Residence Only: No investment properties allowed.
✔ CalHFA Loan Required: Must be paired with a CalHFA FHA or Conventional first mortgage.
✔ Income Limits Apply: Varies by county (we’ll check for you!).
✔ Credit Score:
- 640+ for FHA loans
- 660+ for Conventional loans
🔹 Not sure if you qualify? We’ll check for you! New Way Mortgage is a CalHFA-approved lender, and we make this process simple and stress-free.
📞 Call us today at 916-465-6639 or apply HERE!
Why Choose CalHFA with MyAccess?
At New Way Mortgage, we’ve seen how this program helps homebuyers save thousands on upfront costs. Here’s why CalHFA with MyAccess is a great choice:
🏡 No Monthly Payments on Assistance Funds
Unlike traditional second loans, the MyAccess assistance loan is deferred, meaning no extra payments while you’re living in the home.
💰 Less Cash Out of Pocket
With MyAccess covering part of your down payment and closing costs, you can buy sooner without waiting years to save.
📈 Stackable Assistance
Want even more help? MyAccess can be combined with MyHome Down Payment Assistance and other CalHFA programs for even greater savings.
🔄 Flexible Repayment Terms
You don’t need to repay the MyAccess loan until you sell, refinance, or pay off your first mortgage.
📞 Want to see how this could work for you? New Way Mortgage is here to help—call us at 916-465-6639 or apply online today!
How to Apply for CalHFA with MyAccess
At New Way Mortgage, we make the process quick and easy. Here’s how to get started:
Step 1: Call New Way Mortgage
📞 916-465-6639 – We’ll review your financial situation and determine how much assistance you qualify for.
Step 2: Get Pre-Approved
✅ Find out your maximum loan amount
✅ Lock in your best interest rate
✅ Complete your homebuyer education course
Step 3: Find Your Dream Home
Your home must meet CalHFA’s property requirements, including:
✔ Single-family homes, condos, and some manufactured homes
✔ Primary residences only (no rentals or flips)
Step 4: Close with New Way Mortgage & Move In!
With MyAccess covering part of your down payment and closing costs, you can close faster and move in with less financial stress.
📞 Call New Way Mortgage now at 916-465-6639 or apply online HERE to get started today!
Why Work with New Way Mortgage?
You can only use CalHFA with MyAccess through an approved lender—and New Way Mortgage is the best choice for first-time homebuyers in California.
💡 We specialize in CalHFA programs – We know the ins and outs, making your process fast and easy.
💡 We handle everything – From loan pre-approval to closing, we guide you every step of the way.
💡 We get you the best deal – We find every assistance program you qualify for to maximize your savings.
📞 Don’t wait! Call us at 916-465-6639 or apply now: HERE.
Final Thoughts: Don’t Miss Out on CalHFA with MyAccess!
The California housing market is competitive, but that doesn’t mean homeownership is out of reach. With CalHFA with MyAccess, you can buy with less upfront cash and no extra monthly payments on assistance funds.
At New Way Mortgage, we make the process easy, fast, and stress-free. If you’ve been dreaming of owning a home but weren’t sure how to afford it, this is your opportunity.
📞 Let’s make your dream a reality! Call us at 916-465-6639 or apply now: HERE.
📺 Check Out Our YouTube Channel!
Want even more homebuyer tips? Subscribe to our YouTube channel for expert mortgage advice and insider tips on buying your first home.
🎥 Watch now at www.newwayhome.com!
