CalHFA Dream For All

Down payment assistance program for first-time home buyers

Solano Mortgage is a CalHFA-Approved Lender

CalHFA Dream For All

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.

Program Updates

3/6/2024– CalHFA is introducing a new reservation process for Phase 2 of the CalHFA Dream For All Shared Appreciation Loan Program to provide more time to access the program and ensure an equitable distribution of funds. CalHFA anticipates that demand for Dream For All Phase 2 will exceed available funding and will use a randomized selection process to issue DFA Vouchers to applicants.

Prospective homebyers should start now to work with an approved lender to get your required documents ready to apply for a DFA Voucher through the pre-registration portal. Access to the portal, located at www.calhfa.ca.gov/dream, will open on Wednesday April 3, 2024 at 8am PDT, and will accept applications until 5 p.m. PDT on Monday April 29, 2024.

If your application is drawn and you receive a DFA Voucher, you will have 90 days to shop for a home, enter into a contract to purchase a home, and for the lender to reserve the loan through CalHFA’s Mortgage Access System (MAS).

01/18/2024 – Program details for the California Dream For All Shared Appreciation Loan Program have been released. The program voucher website has a targeted launch date in April.

Contact us today for the next steps! Call us now so we can help you get registered for the lottery.

Call (707) 449-4777, or apply online via QR code (bottom of page), or use contact form on this page and we will be in touch with you.

Solano Mortgage is an Approved CalHFA lender and we look forward to talking with you!

As further details are released, we will update this page.

Thanks for your interest in Dream For All.

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:

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.

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

Contact Us to Schedule a Mortgage Consultation

We’ll contact you with an evaluation.

100% Customer Satisfaction

Our goal is to provide 100% customer satisfaction. We do what it takes to keep our customers happy, to the best of our ability.