First Home Mortgage Program

Southern California Home Financing Authority (SCHFA)

First Home Mortgage Program

FUNDS ARE AVAILABLE 

NOW OFFERING FREDDIE MAC HFA ADVANTAGE LOAN PRODUCT

About the Program
    

SCHFA is a joint powers authority between Los Angeles and Orange Counties formed in June 1988 to create first-time homebuyer programs for low- to moderate-income households.

For more than 25 years, SCHFA has helped thousands of individuals and families fulfill their dreams of owning a home.  This program makes buying a home more affordable for qualifying homebuyers by offering a competitive 30-year fixed rate loan and a grant for downpayment and closing costs assistance.

The program is administered by the Los Angeles County Community Development Commission (CDC) and the Public Finance Division of the County of Orange. SCHFA does not lend money directly to homebuyers. Homebuyers must work directly with a participating lender.

Click on the links below for specific information. 

SCHFA Program Details

  • Program Details

  • Interest Rates and Loan Terms

  • Income and Purchase Price Limits

  • IRS Designated Targeted Area Census Tracts

  • Homebuyer Education Requirement

  • Participating Lenders

  • How To Get Started

Contact Information

Jewel Warren-Reed, Program Manager
Phone:     (626) 586-1830
Email:      Jewel.Warren-Reed@lacdc.org